True Sale Securitization: Germany and China - Couverture souple

Wang, Shengzhe

Couverture souple

ISBN 10 : 3865509509 ISBN 13 : 9783865509505

Editeur : VDM Verlag Dr. Mueller E.K., 2007

Synopsis

Since the 1970s, securitization has become a major financial technique in the international financial arena. Most developed countries and some developing countries utilize it for financing and hedging credit risks. After the Basel II Accord was released in June 2004, true sale securitization transactions play an increasingly important role for banks to find cheap funding and therefore to gain or increase their competitiveness. All member states of the European Union will implement the Basel II Accord into their domestic laws. German banks and the German Federal Ministry of Finance are seeking new methods and policies to support them. The incentive for this study is provided by the similarities between the German and Chinese financial system. In addition, due to China's commitments to the World Trade Organization (WTO) China is under huge pressures to open its financial market to foreign banks. Analyzing the legal obstacles that lie in true sale securitization transactions in Germany, I will draw some useful conclusions for developing securitization in China.

A propos du livre

Présentation de l'éditeur

Revision with unchanged content. Since the 1970s, securitization has become a major financial technique in the international financial arena. Most developed countries and some developing countries utilize it for financing and hedging credit risks. After the Basel II Accord was released in June 2004, true sale securitization transactions play an increasingly important role for banks to find cheap funding and therefore to gain or increase their competitiveness. All member states of the European Union will implement the Basel II Accord into their domestic laws. German banks and the German Federal Ministry of Finance are seeking new methods and policies to support them. The incentive for this study is provided by the similarities between the German and Chinese financial system. In addition, due to China’s commitments to the World Trade Organization (WTO) China is under huge pressures to open its financial market to foreign banks. Analyzing the legal obstacles that lie in true sale securitization transactions in Germany, I will draw some useful conclusions for developing securitization in China.

Biographie de l'auteur

Banking & Finance Practice Group at Baker & McKenzie in Frankfurt-Main since 2004. Member of the Chinese Bar association, Master of Arts in Economics (minor in law) from Jilin University in China (1998). Attended the Johns Hopkins University - Nanjing Center (2001-2002), LL.M. Institute for Law and Finance in Frankfurt am Main, Germany (2004).

Détails de l'édition

• Éditeur: VDM Verlag Dr. Mueller E.K.
• Date d'édition: 2007
• Langue: anglais
• ISBN 10: 3865509509
• ISBN 13: 9783865509505
• Reliure: Broché
• Nombre de pages: 84
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible