Japanese regulator makes CLOs exempt from risk retention - if loans are appropriately originated
The Japan Financial Services Agency (FSA) has said that CLOs can sit outside the remits of its securitisation regulation, if investors in the country can provide ‘in-depth analysis’ showing the underlying assets were appropriately originated

Japan Post registers more than JPY 1 trillion in CLO holdings for first time
Japanese banks continue to devour a bigger slice of the CLO market, with Japan Post Bank’s latest financial statements for the end of 2018 showing holdings of over JPY 1 trillion ($9.17 billion) for the first time

CLO market holds breath as Japan risk retention looms
Risk retention compliant US CLOs could make a comeback after the Japan Financial Services Authority (JFSA) unveiled its proposed new risk retention framework, which could tie the hands of the world’s biggest buyers of US CLOs

Norinchukin increases CLO holdings to $62 billion
Norinchukin’s CLO holdings increased again last quarter, with the bank’s exposure to the asset class standing at JPY 6.8 trillion ($62.2 billion) on 31 December

CLO market waits on Asia deals to set year-opening benchmark
Three weeks into the new year, and the CLO primary market is still waiting for its first deal. And, in particular, the market is waiting on the Asian buy-and-hold investor base to reveal their hands.

Norinchukin's CLO holdings jump by over 50% since March
Norinchukin’s appetite for CLOs shows no signs of relenting

Clifford prices Asian infrastructure loan CLO and plans follow-up, reports Inframation
Clifford Capital has priced Asia's first infrastructure project CLO and is planning a follow up within the next 18 months, according to a report by Creditflux's sister intelligence service Inframation

Singapore central bank looks to launch infrastructure-backed CLO
The new vehicle was announced by Ravi Menon, managing director at Monetary Authority of Singapore, at the Nomura Investment Forum Asia 2018

Term structure is being developed for floating rate benchmark SOFR, says LSTA
The Secured Overnight Financing Rate, known as SOFR, is being developed into a term structure

South Korean brokerage finds CLO warehouses good for Seoul
Appetite for CLO warehouse risk has re-awoken in South Korea, with sources indicating that a Seoul-based brokerage is looking to provide first-loss capital in CLO warehouses globally.

Japanese bank to buy minority stake in CLO boutique GreensLedge
A Japanese bank is taking its relationship with GreensLedge to the next level by buying a 20% stake in the New York-based firm

Japanese bank expands mid-market CLO business with arranger credit
A Japanese bank has earned a credit as co-placement agent on a mid-market CLO reset. The bank is known to have plans to launch a CLO arranging platform

Japanese bank rides refinancing wave with mid-market CLO push
A key CLO investor is buying middle-market CLO paper for the first time after purchasing $1.2 billion of senior notes in a recent deal

Taiwanese life insurers eye US CLOs
Two leading Taiwanese insurance firms are gearing up to grow their CLO portfolios, according to sell-side sources