Two industry bodies have announced a series of measures designed to restore confidence in the ailing securitisation market. The European Securitisation Forum (ESF) and the Securities Industry and Financial Markets Association (Sifma) hope the initiative will "help restore normal liquid market conditions", in the words of Karsten Moller, Sifma's Europe and Asia chief.
The measures include:
- Disclosure of portfolio holdings by ABCP (asset-backed commercial paper) conduits and SIV (structured in
The week on Risk.net, July 7-13, 2018Receive this by email