Piecemeal approach to regulatory reform threatens to stall recovery of securitisation market

gavel-book

Early on in the financial crisis, the US authorities viewed fixing the securitisation market as critical to getting credit flowing through the economy again. But a plethora of regulatory changes could endanger the longer-term prospects of the industry.

Deeply shaken by the financial crisis, the US securitisation industry this year faces fundamental changes as a result of reform measures proposed or already taken by accounting standard-setters, regulators and legislators. The collective decisions

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