18.02.2016 17:59:00
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Moody's says Russian bankruptcy law unlikely to affect domestic RMBS and ABS performance
London, 18 February 2016 -- Overall, the new law will affect only a limited number of cases in portfolios backing residential mortgage-backed securities (RMBS) and asset-backed securities (ABS) in Russia (Ba1 stable), and most domestic servicers will not materially change their servicing processes in response to the details of the law, says Moody's Investors Service.