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文章基本信息

  • 标题:The future of securitisation: how to align incentives?
  • 本地全文:下载
  • 作者:Ingo Fender ; Janet Mitchell
  • 期刊名称:BIS Quarterly Review: International Banking and Financial Market Developments = BIZ-Quartalsbericht: Internationales Bankgeschäft und internationale Finanzmärkte
  • 印刷版ISSN:1012-9979
  • 出版年度:2009
  • 卷号:2009
  • 期号:3
  • 出版社:Bank for International Settlements
  • 摘要:

    This article reviews the recent collapse of global securitisation markets and the loss of investor confidence in them. It then sets out measures that could be taken to revive and strengthen the securitisation process, including mechanisms based on retention requirements for originators. It ends with a number of simple implications for policymakers and market practitioners.

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