This paper reviews the causes of the sub-prime mortgage crisis and problems associated with the wider securitisation industry in general. It considers the impact of the global financial crisis on the securitisation market internationally and provides a summary of the regulatory reforms aimed at preventing future crises. The paper concludes by considering the adequacy of these reforms and what additional actions could be considered.
|Number of pages||9|
|Journal||Journal of Corporate Treasury Management|
|Publication status||Published - 2011|