Securitisation can help increase access to finance by converting illiquid pools of assets into securities that can be purchased by investors in capital markets. It can play an important role in the long-term financing of industrial and infrastructure projects, as well as SMEs. It is however also prone to a number of risks driven by volume-based incentives. The excesses of the sub-prime crisis led to the dry-up of most securitisation markets in Europe. This seminar will provide an opportunity to discuss the role and future of securitisation in European capital markets.
- What role can securitisation play in financing the European economy through the capital markets?
- What is the space for securitisation in project finance, including in private-public partnerships?
- What are the practical hurdles and the prudential concerns that still need to be addressed?
ECMI members, CEPS members, European institutions, national authorities, academics and press are admitted free of charge. Other participants may be admitted for €100, paid in cash at registration. A limited number of sandwiches will be available for purchase (€6) from 12:30 onwards.
