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

See all articles by Ian Ramsay

Ian Ramsay

Melbourne Law School - University of Melbourne

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

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

Ian Ramsay (Contact Author)

Melbourne Law School - University of Melbourne ( email )

University Square
185 Pelham Street, Carlton
Victoria, Victoria 3010
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+61 3 8344 5332 (Phone)

HOME PAGE: http://law.unimelb.edu.au/about/staff/ian-ramsay

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