The securitization market is currently very active in the United States. According to data published by the Securities Industry and Financial Markets Association.
The popularity of maltese special purpose vehicles (spvs) for securitisation transactions has grown significantly in recent years. A regulatory safe harbour for non-public issues by securitisation vehicles.
Business trusts have been recognized by the Delaware common law since 1947, however, there was no express statutory recognition of the business trust in Delaware until the passage of the Delaware Statutory Trust Act .
Over the past 10-20 years, a large number of secured equipment finance and asset securitization transactions have been structured using either a Delaware Statutory Trust (DST) created pursuant to the Delaware Statutory Trust Act.
On July 11, 2022, the Alternative Reference Rates Committee (the "ARRC") published a "Playbook" to assist market participants in transitioning their legacy LIBOR contracts to an alternative rate.