Brussels, 04/02/2015 (Agence Europe) - The organisation Finance Watch has no objections in principle to an increased use of the technique of securitisation to boost the granting of lending in Europe, as long as the associated systemic risks are properly dealt with. In particular, it takes the view that tranching should not be one of the criteria to define quality securitised products.
“Should tranching be part of high-quality securitisation? We say no”, said Frédéric Hache, a...