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ECB’s brake on relaxing the rules for securitizations
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ECB’s brake on relaxing the rules for securitizations
The European Central Bank is distancing itself from the European Commission regarding securitizations.The European Central Bank (ECB) seems to be distancing itself from the European Commission on the issue of securitizations, estimating that the new regulatory framework being proposed is excessively flexible, resulting in increased risks.It is noted that the process of securitization, that is, the conversion of all kinds of bank claims, such as …
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