IBA Annual Conference Paris 2023
29 Oct - 3 Nov 2023
Room 342 B, Level 3
Session information
Securitisations - challenges and hurdles for a rebirth of securitisations
Thursday 2 November (1615 - 1730)
Committee(s)
Banking & Financial Law Committee
(Lead)
Description
A well-functioning securitisation market is essential to the development of banks lending to corporates and financing investments in green and technological projects, removing risk from the banks’ balance sheets and more generally, facilitate economic recovery after the pandemic and the Ukrainian crisis. There have been many efforts recently to dynamize securitisation, such as the European Commission’s Capital Markets Union Action Plan entered into force in 2019, and yet in many jurisdictions, outstanding securitisation volumes tend to remain below market needs. The purpose of the session is to consider legal stakes, challenges and hurdles to the growth of securitisation from an international perspective as well as recent initiatives and proposals for reforms, addressing issues like financing techniques of receivables purchase, standardisation, sustainability, collateral arrangements, proportionality of information to investors, accounting and prudential treatment with a view to assist practitioners in handling securitisation transactions and anticipating changes.
Session / Workshop Chair(s)
Jean-Francois ADELLE | Jeantet, Paris, France; Co-Chair, Banking & Financial Law Committee |
Speakers
Shaun Baddeley | AFME, London, England |
Giuseppe De Simone | Gianni Origoni, Rome, Italy |
Antonine Sanchez | European Investment Fund, Luxembourg City, Luxembourg |
Yuri Suzuki | Atsumi & Sakai, Tokyo, Japan; Vice Chair, Financial and Banking Law Conferences Subcommittee |