Spanish securitisation tied up in red tape

Spain focus


It is rare that regulators and market participants sing from the same hymn sheet. It is even rarer in the Spanish securitisation market, where regulations have been one of the major inhibiting factors to the growth of the securitisation business.

"The regulators and courts are unfamiliar with the fundamentals of securitisation and its importance in other countries," says Fernando Bautista, partner at law firm Freshfields in Madrid. "Maybe the courts do not understand modern transacti

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: