Securitization regulation remains, in the eyes of investors, banks, bureaucrats and politicians, one of the remaining unsolved puzzles of the post-Global Financial Crisis financial landscape. This book sets out a complete and definitive description of securitization mechanisms.
The author details the history of the asset class up to the present day and identifies each of the key issues. Each issue is examined from the point of view of the taxpayer, the regulator, the investor community and the regulated entity itself, and the author examines all sides of the critical debate, weighing the available evidence to provide an objective overview.
The author provides new data and analysis of transactions, strategies and industries to describe and analyse every issue involved in the designing and enforcing of regulation for securitized bank products.
Written by an insider with over twenty years' experience in the markets, this book considers regulatory tools and methods from all sides and without bias. It will be a valuable source for educators, students and researchers in regulation, financial regulation and investment management.