Broken Structured Finance: Where We Keep Getting It Wrong is a series examining the assumptions the structured finance market rarely questions — from governance structures that quietly redefine "independent," to regulatory frameworks that lag the deals they're meant to oversee. Drawing on decades structuring edge-case ABS, private credit, and ESG-linked transactions across jurisdictions, each piece takes a practice the industry treats as settled and asks whether it should be. These are not consensus views. They're arguments — grounded, cited, and meant to provoke a response.

PLEASE NOTE: Pieces published in this series are developed with the assistance of AI tools, which support drafting, editing, and research. Underlying arguments, positions, and conclusions are my own. Unless otherwise indicated within a given piece, research referencing corporate services providers (CSPs) primarily concerns UK market entities.