SLIDE 1
High quality securitisation: what is it?
Frédéric Hache, Head of Policy Analysis at Finance Watch 4 February 2015
5 Questions:
1.
- 1. Will
ill a a revival of
- f sec
securitisation add address ss in intra EU EU geo eographical fr fragmentatio ion in in SM SME E acc access ss to
- fina
finance? 2.
- 2. Wou
- uld a
a tig ight secu securitis isation fr framework cr create com
- mpetitiveness
con
- ncerns vis
is a a vis is the he US? S? 3.
- 3. Sho
Should tranching be be pa part of
- f the
he de definition of
- f hig
high qua quality sec securitis isation? 4.
- 4. Will
ill rea eal money in investors ha have app appetite for
- r non
non-tranched hig high qu quali lity sec securitis isation? 5.
- 5. Sho
Should we e move towards full full neu neutrali lity of
- f capit
ital l cha charges s an and a a full full con
- nvergence towards the pr
prudentia ial treatment of
- f covered bon
bonds?