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Newsletter April 2013: Industry pushes back on securitisation proposal

Simon Turmaine | April 15, 2013

BASEL – Financial lobby groups are pushing back against the Basel Committee’s proposals to tighten the global rules for securitisations, warning that this will starve the economy of credit. They insist that bank issuers and sponsors of these products have already achieved significant progress in making this industry safer since the 2007-09 crisis.

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