In 2012, the SEC Staff granted no action relief to Royal Bank of Canada to register covered bonds on a Registration Statement on Form F-3.  Even though covered bonds are not “asset-backed securities,” that relief was predicated on the covered bond Guarantor complying with certain reporting requirements under Regulation AB.  When Regulation AB was amended

Following the financial sector disruptions in 2023, financial institutions turned first to covered bonds for funding and the covered bond market demonstrated its resilience.  Just as the covered bond market remained available through the financial crisis in 2008 through 2010, it remained a safe harbor in recent times.  Now, four continents (in addition to Europe)

Covered Bonds Update Webinar
October 21, 2020 | 1:00pm – 2:00pm EDT
Register here.

During this webinar, partner Jerry Marlatt and RBC Capital Markets’ Laura Drumm will discuss the covered bond market in the US, recent developments for Canadian covered bond issuers and the globalization of the asset class. Topics include:

  • Brief overview of