Sec. 206. Participation and risk-sharing by private sector lenders
142 words·~1 min read·
/bill/114/hr/1031/ih/section-206·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Within 1 year after the date of the enactment of this Act, the Export-Import Bank of the United States shall conduct a comparative assessment of the practices of export credit agencies of other major providers of official export credit and member countries of the Organization for Economic Cooperation and Development with respect to risk- or fee-sharing arrangements, to determine the extent to which the Bank could take steps to increase the share of loan-level risk borne by the private sector.
On the conclusion of the assessment, the Bank shall, if warranted, establish programs under which private financial institutions may share risk in the loans, guarantees, and other products of the Bank in exchange for receiving fees received from the participants in the programs. The fees to a private financial institution shall be commensurate with the level of risk taken by the institution.