17 Pages Posted: 31 Jul 2012
Date Written: September 2009
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.
JEL Classification: G100, G200
Suggested Citation: Suggested Citation
Fender, Ingo and Mitchell, Janet, The Future of Securitisation: How to Align Incentives? (September 2009). BIS Quarterly Review, September 2009. Available at SSRN: https://ssrn.com/abstract=1472970