The Future of Securitisation: How to Align Incentives?

Fender, Ingo; Mitchell, Janet

Download This Paper

Open PDF in Browser

Add Paper to My Library

The Future of Securitisation: How to Align Incentives?

BIS Quarterly Review, September 2009

17 Pages Posted: 31 Jul 2012

See all articles by Ingo Fender

Ingo Fender

Bank for International Settlements (BIS)

Janet Mitchell

National Bank of Belgium - Department of Financial Stability; Centre for Economic Policy Research (CEPR)

Date Written: September 2009

Abstract

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