The contributions in this volume elucidate both ‘synthetic securitization’ (which involves the investors in exposure-based securities to particular risks in exchange for a fee) and conventional securitization (issuance of securities for the primary purpose of raising funds for the originator or owner of the assets being securitized). The various contributions illustrate how the structures employed in securitizations are readily capable of being applied to a wide range of income-generating assets, including such innovative asset classes as the following: •commercial mortgages •student rents •intellectual property rights •carbon emission allowances •life insurance policies •project and infrastructure loans •microfinance loans •sovereign aid grants •non-performing loans •loans to finance corporate takeovers •tax receivables and other public sector assets In addition, this volume covers the emergence of new markets for securitization in Asia, Latin America, Islamic countries, and South Africa, as well as major developments in the accounting treatment of securitizations and evolving judicial attitudes to the underlying sale and credit derivative components of securitizations.
Beggs, 107 N.E. 644, 646 (N.Y. 1915) (summarizing the provisions of the law in upholding a sale in 1912 of real estate by the then Superintendent of Banks, who took possession of a trust company in 1908, free of liens on the real estate ...
In this book, Ang upends the conventional wisdom about asset allocation by showing that what matters aren't asset class labels but the bundles of overlapping risks they represent
Regulation AB has made a tremendous impact on the asset-backed securities markets.
The Collateralized Debt Obligation (CDO) was a natural development in securitisation, first introduced in 1988.
To help you quickly grasp some of the more intricate deals and interwoven issues, The book makes frequent reference to real-deal examples, and provides dozens of schematic illustrations of paradigm deal structures.
Dated January 2005. No public library discount on this item. Supersedes Issue 3 (English-language ed.) (ISBN 0117031984)
Die Sicherheit gedeckter Wertpapiere
Securitisation Law: EU and US Disclosure Regulations sets out the relevant regulations governing asset backed securities in the US and the EU. It provides the most up-to-date commentary and checklists alongside practical aids such as flow ...
This up-to-date treatment of an area of increasing importance provides an in-depth and clear analysis of the complexities of the subject
Securitisation in India: The Story So Far and the Way Forward