Regulating Securitized Products

Author : R. Saleuddin
Publisher : Springer
Page : 212 pages
File Size : 45,7 Mb
Release : 2015-07-14
Category : Business & Economics
ISBN : 9781137497956

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Regulating Securitized Products by R. Saleuddin Pdf

Securitization regulation remains, in the eyes of investors, banks, businesses, bureaucrats and politicians, one of the remaining unsolved puzzles of the post-Global Financial Crisis landscape. This book describes the key features of securitization, including the most common structures and their uses as well as the motivations of the participants in these markets. Important historical moments and case studies are frequently used to illustrate critical issues in the design and enforcement of regulation for securitized products. This work is intended to contextualize and contribute to the highly specialized debates between policymakers, regulators and the regulated financial intermediaries, setting out an agenda for discussion as well as providing some strongly held views on possible solutions. Written by an industry insider with over 20 years' experience in the markets, this book considers regulatory tools from all sides while avoiding common biases. It is a valuable source for not only regulators and policymakers, but also educators, students and researchers in financial regulation, financial engineering and investment management.

Author : R. Saleuddin
Publisher : Palgrave Macmillan
Page : 212 pages
File Size : 52,6 Mb
Release : 2014-01-14
Category : Business & Economics
ISBN : 1349698148

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Regulating Securitized Products by R. Saleuddin Pdf

This book sets out a complete and definitive description of securitization mechanisms, detailing the history of the asset class up to the present day.

Author : R. Saleuddin
Publisher : Springer
Page : 212 pages
File Size : 49,8 Mb
Release : 2015-07-14
Category : Business & Economics
ISBN : 9781137497956

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Regulating Securitized Products by R. Saleuddin Pdf

Securitization regulation remains, in the eyes of investors, banks, businesses, bureaucrats and politicians, one of the remaining unsolved puzzles of the post-Global Financial Crisis landscape. This book describes the key features of securitization, including the most common structures and their uses as well as the motivations of the participants in these markets. Important historical moments and case studies are frequently used to illustrate critical issues in the design and enforcement of regulation for securitized products. This work is intended to contextualize and contribute to the highly specialized debates between policymakers, regulators and the regulated financial intermediaries, setting out an agenda for discussion as well as providing some strongly held views on possible solutions. Written by an industry insider with over 20 years' experience in the markets, this book considers regulatory tools from all sides while avoiding common biases. It is a valuable source for not only regulators and policymakers, but also educators, students and researchers in financial regulation, financial engineering and investment management.

Author : Patrick D. Dolan,C. VanLeer Davis
Publisher : Law Journal Press
Page : 1220 pages
File Size : 40,5 Mb
Release : 2000
Category : Business & Economics
ISBN : 1588520919

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Securitizations by Patrick D. Dolan,C. VanLeer Davis Pdf

Written by over two dozen experts with hands-on experience, this timely and insightful work explains the benefits--and risks--of securitization, the legal tax, accounting, and other issues involved.

Author : Tobias Adrian
Publisher : International Monetary Fund
Page : 53 pages
File Size : 45,8 Mb
Release : 2018-08-01
Category : Business & Economics
ISBN : 9781484343913

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Risk Management and Regulation by Tobias Adrian Pdf

The evolution of risk management has resulted from the interplay of financial crises, risk management practices, and regulatory actions. In the 1970s, research lay the intellectual foundations for the risk management practices that were systematically implemented in the 1980s as bond trading revolutionized Wall Street. Quants developed dynamic hedging, Value-at-Risk, and credit risk models based on the insights of financial economics. In parallel, the Basel I framework created a level playing field among banks across countries. Following the 1987 stock market crash, the near failure of Salomon Brothers, and the failure of Drexel Burnham Lambert, in 1996 the Basel Committee on Banking Supervision published the Market Risk Amendment to the Basel I Capital Accord; the amendment went into effect in 1998. It led to a migration of bank risk management practices toward market risk regulations. The framework was further developed in the Basel II Accord, which, however, from the very beginning, was labeled as being procyclical due to the reliance of capital requirements on contemporaneous volatility estimates. Indeed, the failure to measure and manage risk adequately can be viewed as a key contributor to the 2008 global financial crisis. Subsequent innovations in risk management practices have been dominated by regulatory innovations, including capital and liquidity stress testing, macroprudential surcharges, resolution regimes, and countercyclical capital requirements.

Author : Kravitt
Publisher : Wolters Kluwer
Page : 1902 pages
File Size : 43,9 Mb
Release : 2012-12-18
Category : Law
ISBN : 9780735561922

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Securitization of Financial Assets by Kravitt Pdf

Author : Masahiro Kawai,David G. Mayes,Peter Morgan
Publisher : Edward Elgar Publishing
Page : 297 pages
File Size : 48,9 Mb
Release : 2012-01-01
Category : Business & Economics
ISBN : 9780857934727

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Implications of the Global Financial Crisis for Financial Reform and Regulation in Asia by Masahiro Kawai,David G. Mayes,Peter Morgan Pdf

'Filled with fresh observations from the global financial crisis, this book provides a blueprint for making Asia's financial systems safe. With contributions from experts in several countries, it is both comprehensive and rigorous. It will be invaluable to policy makers and students of finance everywhere, but its unique Asian perspective provides special insight into the systems that managed to ride out the global crisis but absent further reform might set the stage for another one. The book's analysis and recommendations deserve urgent policy attention.' Peter Petri, Brandeis University, US 'What are the lessons of the global financial crisis of 20072009 for Asia? This is a key issue for Asia today. On one hand, some observers argue that following the Asian financial crisis in 199798, most Asian developing countries built up strong mechanisms to guarantee financial stability. But the recent financial shocks across America and Europe show that even the best financial systems have key weaknesses. This book is a valuable guide for Asian financial policy-makers of the road ahead.' Peter McCawley, Australian National University In light of the experience of the global financial crisis, this book develops concrete recommendations for financial sector reform and regulation in Asian economies aimed at preventing the recurrence of systemic financial crises, improving the ability to manage and resolve crises, managing capital flows, and promoting the development of Asian bond markets. The focus of the book is on longer-term structural measures. It explores areas such as the scope for regional monitoring and cooperation; deepening and integration of Asian bond and money markets; liberalization/regulation of capital flows; issues related to macroprudential oversight, regulatory structure and cooperation; as well as role of state intervention in crisis resolution in the financial sector. The need for and impacts of regulations on innovative financial products and specific investor groups such as hedge funds; ways to reduce systemic risk of pro-cyclicality of regulation; and ways to improve the infrastructure and regulatory environment for local currency bond markets, are also examined in depth. The book will appeal to public and private finance experts, policy and decisions makers in governments and banks, think-tanks, and students in graduate courses related to financial and economic development.

Author : United States. Congress. House. Committee on Financial Services
Publisher : Unknown
Page : 394 pages
File Size : 55,9 Mb
Release : 2010
Category : Business & Economics
ISBN : PURD:32754081267670

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Systemic Regulation, Prudential Matters, Resolution Authority, and Securitization by United States. Congress. House. Committee on Financial Services Pdf

Author : United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs
Publisher : Unknown
Page : 484 pages
File Size : 50,6 Mb
Release : 2010
Category : Business & Economics
ISBN : UCSD:31822037814209

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Financial Regulation by United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs Pdf

Author : Aline Darbellay,
Publisher : Edward Elgar Publishing
Page : 292 pages
File Size : 42,9 Mb
Release : 2013-09-30
Category : Business & Economics
ISBN : 9780857939364

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Regulating Credit Rating Agencies by Aline Darbellay, Pdf

øŠAline Darbellay analyzes the obvious system relevance of credit rating agencies in depth and assesses the possible options for regulatory responses to this systemic issue. Thereby, the book is based on a fruitful comparative legal approach and formul

Author : Raphaël Douady,Clément Goulet,Pierre-Charles Pradier
Publisher : Springer
Page : 486 pages
File Size : 45,6 Mb
Release : 2017-08-29
Category : Business & Economics
ISBN : 9783319442877

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Financial Regulation in the EU by Raphaël Douady,Clément Goulet,Pierre-Charles Pradier Pdf

Financial regulation has dramatically evolved and strengthened since the crisis on both sides of the Atlantic, with enhanced international coordination through the G-20 and the Financial Stability Board and, at the regional level, a definite contribution from the European Union. However the new regulatory environment has its critics, with many divergent voices arguing that over-regulation has become a root cause of our current economic stagnation. This book provides a bigger picture view of the impact and future of financial regulation in the EU, exploring the relationship between microeconomic incentives and macroeconomic growth, regulation and financial integration, and the changes required in economic policy to further European integration. Bringing together contributions from law, economics and management science, it offers readers an accessible but rigorous understanding of the current state of play of the regulatory environment, and on the future challenges. Coverage will include: • A review of the recent regulatory changes from a legal and economic perspective • Analysis of how the economic model of financial institutions and entities is impacted by the new frameworks • How to improve securitization and new instruments under MIFID II • Issues in the enhanced supervision under delegated acts for AIFMD, CRR-CRD IV and Solvency II • How long term funding can be supplied in lieu of the non-conventional monetary policies • A new architecture for a safer and more efficient European financial system Financial Regulation in the EU provides much needed clarity on the impact of new financial regulation and the future of the economy, and will prove a must have reference for all those working in, researching and affected by these changes.

Author : Mr.Andre Santos,Douglas Elliott
Publisher : International Monetary Fund
Page : 43 pages
File Size : 43,9 Mb
Release : 2012-09-11
Category : Business & Economics
ISBN : 9781475510089

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Estimating the Costs of Financial Regulation by Mr.Andre Santos,Douglas Elliott Pdf

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011.

Author : David L. Johnston,Kathleen Doyle Rockwell,Cristie Ford,LEXIS-NEXIS (Firme)
Publisher : Unknown
Page : 128 pages
File Size : 54,5 Mb
Release : 2014
Category : Corporations
ISBN : 0433461225

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Canadian Securities Regulation by David L. Johnston,Kathleen Doyle Rockwell,Cristie Ford,LEXIS-NEXIS (Firme) Pdf

Author : Anonim
Publisher : Lulu.com
Page : 294 pages
File Size : 54,5 Mb
Release : 2004
Category : Bank capital
ISBN : 9789291316694

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International Convergence of Capital Measurement and Capital Standards by Anonim Pdf

Author : Thomas Cottier,John H. Jackson,Rosa M. Lastra
Publisher : Oxford University Press
Page : 470 pages
File Size : 45,8 Mb
Release : 2012-10-04
Category : Business & Economics
ISBN : 9780199668199

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International Law in Financial Regulation and Monetary Affairs by Thomas Cottier,John H. Jackson,Rosa M. Lastra Pdf

Analysing the emerging international legal framework governing financial institutions and markets, including monetary policies and monetary regulation, this book addresses the cross border issues that arise within this area. It highlights the lack of formal international law present, and shows how this contributed to the global financial crisis.