Issues
Local currency depreciation and the sovereign debt crisis have made investors hesitant but private equity is a bright spot
Local restructuring law harmonisation aims to make the EU more competitive with the UK but implementation is proving difficult
All the news from the fourth day of the International Bar Association's Annual Conference
Increased scrutiny from regulators has also been delaying the closing of M&A transactions
Sponsored
Sponsored
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Sponsored by Al Tamimi & CompanyAl Tamimi’s head of debt capital markets provides a rundown of typical Islamic financial products, from project sukuk to securitisation -
Sponsored by Latham & WatkinsLatham & Watkins lawyers take a deep dive into US trends to unpick the patchwork efforts to regulate tokens, blockchains and cryptocurrencies and the businesses that deal in them
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Sponsored by Elias Neocleous & CoLike most financial engineering techniques, securitisation is not without risk. The complexity inherent in securitisation can impair investors' ability to monitor risk, and competitive securitisation markets are prone to sharp declines in underwriting standards. Furthermore, off-balance sheet accounting treatment for securitisations coupled with guarantees from the issuer can make it challenging to assess exposures, encouraging issuers to take on excessive credit risk. Even the most ardent advocates of securitisation would accept that securitisation played an important role in the US subprime mortgage crisis that led to the global financial crisis of 2008.
