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- W2275609080 abstract "In this paper, we analyze the current status of securitization in Spain within a global context, and taking in account certain factors that have had or may have impact on its recent development and its future. After explaining the historical and legislative evolution, the paper highlights the substantial change that securitization has undergone since the beginnings of the financial crisis, changing from a model of “originate, securitize and distribute” to another model of “originate, securitize and hold.” Finally, some related factors that may affect the future of securitization are analyzed, stressing the perception of an increasing Spanish sovereign risk, and concluding with the need to improve the control that supervisors must exercise on banks and rating agencies in order to transmit credibility to investors." @default.
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- W2275609080 date "2010-06-04" @default.
- W2275609080 modified "2023-10-18" @default.
- W2275609080 title "Perspectives on the Securitization of Assets: Spanish Economy in Perspective" @default.
- W2275609080 hasPublicationYear "2010" @default.
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