EU industry initiatives aim to increase transparency


Supervisors and industry associations are keen to help breathe life back into the securitisation market following its recent troubles. Transparency is key to this, and several new industry initiatives are now under way.

The initiatives follow from a call for change from the European Council of Finance Ministers (Ecofin) in its October 2007 Roadmap and from the Financial Stability Forum, in its Report on Enhancing Market and Institutional Resilience.

Now, nine global and European trade

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