Living with recognition

Under new accounting rules implemented this year, the majority of Europe's asset-backed securities transactions will now have to be recognised on balance sheet. Will this lead to a drop in securitisation volumes? Duncan Wood reports


The adoption of a new accounting regime by the European Union's listed companies at the start of this year has flipped traditional reporting practices for securitisations upside-down. Under the new rules, the vast majority of asset-backed securities (ABSs) transactions – worth €246 billion in Europe last year – will now have to be recognised on balance sheet. But perhaps the biggest surprise about this revolution is that, where one might have expected howls of protest, the rule change has

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

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 individual account here