Central banks respond to ECB and BoE paper on ABS

European Central Bank

More analysis of the securitisation market in the European Union is needed before regulatory changes are made, according to Sveriges Riksbank – one of three central banks to respond to the Bank of England (BoE) and European Central Bank (ECB) discussion paper on the topic.

Published in May, the paper proposed a set of principles that could be used to "identify securitisations that are simple, structurally robust and transparent", thereby "enabling investors to model risk with confidence and

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