IOSCO is looking to understand potential conflicts of interest and misaligned incentives that may exist among participants in the leverage loan and CLO markets.
IOSCO (International Organization of Securities Commissions) has issued four questionnaires to help it understand the conduct risks that are present in leveraged loan and CLO markets.
The surveys are targeted at bank lenders, CLO investors, CLO managers and leveraged loan sponsors.
Specifically, IOSCO is looking to understand potential conflicts of interest and misaligned incentives that may exist among participants in the leverage loan and CLO markets – across the chain of intermediation from credit origination to the sale-to-end investors.
The submission deadline is 30 June 2021.
