Regulatory reprieve

Special Report: Synthetic credit


The newly elected South Korean government plans to move ahead with proposed amendments to the Assset-backed Securitisation (ABS) Act that would relax regulations for collateralised debt obligations (CDOs) and asset-backed securities (ABSs). The aim is to increase liquidity, broaden the range of market participants in structured finance and boost investor activity.

Many expect securitisation techniques to gain popularity, as the country's banks start implementing the standardised and foundation in