| The recent law on securitisation creates potential for an entirely new family of products. |
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| Thereby, it will make securitisation sounder and instil new confidence in this source of financing. |
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| The economic purpose of this operation and its statistical treatment is, however, in certain respects rather similar to a securitisation. |
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| Lack of securitisation possibilities is the principal reason that credit has dried up now. |
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| However, financial innovation, in particular the securitisation of banks' assets, has left Basel I outdated and easily circumvented. |
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| It has turned out that it was the regulated sector that had been allowed to run amok with little understood securitisation vehicles. |
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| Calyon has been one of the RCI Group's preferred banks for many years and regularly takes part in the structuring of its securitisation programs. |
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| During 2009, Banque Accord carried out a transaction involving the securitisation of part of its revolving credit portfolio. |
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| Ask the motor car industry how it will prosper if securitisation is snuffed out. |
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| The group also manages financial arrangements in partnership with its clients' banks via securitisation operations. |
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| At the same time, securitisation activity continued to distort loan growth to some extent. |
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| It may also charge fees related to individual securitisation transactions. |
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| Since the summer of 2007, securitisation markets have been in broad distress after large unexpected losses on securitisations of mortgage loans surfaced and are only slowly and partially recovering. |
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| The liquidity horizon for a securitisation warehouse shall reflect the time to build, sell and securitise the assets, or to hedge the material risk factors, under stressed market conditions. |
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| The Audit Committee will focus attention on the associated risk exposure and on the accounting treatment and disclosure of securitisation activities. |
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| The debtors of the pledged claims are however validly discharged from their payment obligations by payment to the securitisation undertaking as long as they have not gained knowledge of the pledge. |
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| As part of a securitisation program for commercial receivables introduced in January 2003, Rhodia guarantees that its North American subsidiaries Rhodia Inc. |
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| This transaction is the first Euro Auto Loan Securitisation issued out of Korea and is the third public Euro cross-border securitisation issued out of Korea. |
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| Finally, it would enhance the joint intervention of EIB and EIF for SME and Micro-credit finance through the combination of lending and guarantee instruments, and, in the case of SMEs, securitisation transactions. |
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| The bank supports its partners in developing individual solutions for designing products, e.g. the use of structured products, private label funds or securitisation vehicles. |
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| Mr Wheatley dismissed fears that any securitisation deal would leave Liverpool vuln erable to the problems experienced at Leeds United. |
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| Application of IFRS should lead to the reconsolidation of a significant proportion of asset disposal and risk transfer transactions undertaken as part of securitisation transactions. |
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| So will a spread of asset securitisation, more mutual funds and the expected growth in private pension funds. The Americans hope to grab a lot of this business, believing they can outmatch their European rivals. |
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| However, it should be noted that this estimate is based on balance sheet data, which do not include securitised loans, thus understating the market share of specialist institutions, which make greater use of securitisation. |
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| Nobel Prize winner Maurice Allais has always been openly critical of innovative finance, securitisation, derivatives and hedge funds, much beloved of the finance gnomes in a certain part of Europe's financial sector. |
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| In addition, the BCBS identified scope for further improvement in the areas of asset securitisation, credit card commitments and certain credit risk mitigation techniques, on which work continues. |
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| It covers everything from the complexities of securitisation and the gradual deregulation of Wall Street to the panics around the failures of Bear Stearns and Lehman Brothers. |
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| In particular where credit risk is transferred by securitisation, investors should make their decisions only after conducting thorough due diligence, for which they need adequate information about the securitisations. |
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| Let us not forget where the present crisis has its roots: poor-quality lending, compounded by securitisation of these loans in off-balance sheet vehicles, the risks associated with which few understood. |
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| That means that the securitisation of financial assets has contributed to a rapid flow of assets outside the banking system even for activities that have been considered to be part of traditional banking. |
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| Synthetic securitisation refers to securitisations where the transfer of risk is achieved by the use of credit derivatives, guarantees or any similar mechanism. |
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| Fitch welcomes the Basel Committee's proposals on securitisation and has commented on how these proposals correspond with current capital market practices. |
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| The first transaction closed under this program was named Asset-Backed Securities Deal of the Year for 2001 by the International Securitisation Report. |
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