Financial Innovation and Regulation: The Case of Securitisation
Journal of Banking and Finance Law and Practice, Vol. 4, No. 3, 1993
6 Pages Posted: 8 Sep 2006 Last revised: 27 Aug 2013
Abstract
Because financial innovation has both social and economic benefits it is necessary to understand the factors which facilitate or impede financial innovation. In this article the author explores the role which legal regulation plays in financial innovation by using the example of securitisation. By reviewing the history of securitisation in Australia, it is demonstrated that legal regulation has both hindered and promoted financial innovation.
Suggested Citation: Suggested Citation
Ramsay, Ian, Financial Innovation and Regulation: The Case of Securitisation. Journal of Banking and Finance Law and Practice, Vol. 4, No. 3, 1993, Available at SSRN: https://ssrn.com/abstract=928795
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.