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ABS retention tension

Author: Christopher Whittall

Source: Risk magazine | 02 Dec 2009

Categories: Securitisation

Topics: Asset-backed securities (ABSs), Capital Requirements Directive (CRD), Committee of European Banking Supervisors (CEBS), European Commission (EC)

Nothing is so defective as those laws that correct defects,” a French philosopher once quipped. This maxim nicely sums up the fears of securitisation...

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ABS retention tension

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