Europe plans to ease rules around securitisation

摘要

The european commission will propose lighter capital requirements on simple pooled debt instruments, in a bid to free banks to use these so-called securitisation products to help raise more funds to finance economic growth. Regulators imposed tough capital requirements on banks creating securitised debt after often-complex products based on US home loans became untradable in 2007, triggering the global financial crisis, and the sector in Europe has yet to regain pre-crisis levels.