What information will issuers be required to deliver to the New York Fed in connection with its risk assessment?
Sponsors or issuers of proposed TALF-eligible ABS must provide to the New York Fed, no later than 5 p.m. (New York time) three weeks in advance of the applicable TALF subscription date, all data on the ABS or its underlying exposures that the issuer has provided to any NRSRO. A sponsor or issuer must deliver such information via talfnewabs@ny.frb.org and is encouraged to send this as soon as possible. The New York Fed reserves the right to request further information from the sponsor or issuer in connection with performing its review and expects issuers to provide any additional data provided to any NRSRO to also be promptly provided to the New York Fed.
Related Questions
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- What information will issuers be required to deliver to the New York Fed in connection with its risk assessment?
- What communications should issuers expect to receive during the risk assessment process?
