European Securitisation

European Securitisation

A Practitioner’s Guide to Principles and Jurisdictions
Buch | Hardcover
373 Seiten
2024
Globe Law and Business Ltd (Verlag)
978-1-78742-958-1 (ISBN)
339,95 inkl. MwSt
Over the last fifteen years, securitisation has transitioned from a product that was largely the purview of bankers and other structured finance professionals to a term that has entered the public lexicon, due to the credit crunch. Yet despite its increased prominence, few are confident in their understanding of the complex processes involving many parties seeking to achieve a variety of outcomes.

While many overarching principles of securitisation transactions such as asset classes, regulatory capital requirements and off-balance sheet accounting can be geographically agnostic, each transaction is subject to varying local rules and regulations specific to the jurisdiction(s) in which it is taking place. As such, navigating the myriad of legal, regulatory and accounting requirements necessitates a wide range of expertise, with specialists in one field still required to have a broad understanding of others.

Edited by Dominic Griffiths, London Managing Partner at Mayer Brown International LLP and a structured finance practitioner for 25 years, European Securitisation offers a comprehensive overview of the key structural and geographical aspects of securitisation transactions across Europe.

This book provides an essential guide for any legal or non-legal securitisation practitioner, at any level of experience. It includes key coverage of:

a history and overview of securitisation in Europe;
key asset classes used in securitisation transactions;
non-legal aspects such as accounting, regulation and hedging; and
local law regimes across selected European jurisdictions.

Introduction 7
Dominic Griffiths
Mayer Brown

The origins of securitisation in Europe 9
Leigh Ferris
Dominic Griffiths
Mayer Brown

The regulatory framework 19
Neil Hamilton
Jakub Telicka
Mayer Brown

Modelling 37
Mawgan Harris
HSBC

Securitisation of trade receivables on a cross-border basis 45
Lola Adekoya
Jake Lindsay
Mayer Brown

Consumer loan securitisations 57
James Hanley
David O’Connor
Izabela Pawlak
Mayer Brown

Auto loan and lease securitisations 67
Harjeet Lall
Mariana Padinha Ribeiro
Mayer Brown

Commercial mortgage-backed securities 83
Jaime Lad
David O’Connor
Mayer Brown

Collateral loan obligations 97
Ronan Mellon
Dolapo Oshin
Mayer Brown

Synthetic securitisation 119
Edmund Parker
Mayer Brown

Channel Islands: listing debt securities on The International Stock Exchange 141
Lucy Chambers
Paul Chanter
Emily Renouf
Ogier

Belgium 149
Sarah Libregts
Marc Vermylen
Loyens & Loeff

England and Wales 163
Miguel Brito da Silva
Jake Lindsay
Mayer Brown

Finland 175
Maria Lehtimäki
Niklas Thibblin
Waselius & Wist

France 185
Bassem Caradec
François-Régis Gonon
Mayer Brown

Germany 197
Susan Günther
Andreas Lange
Kirsten Schürmann
Mayer Brown

Ireland 209
Aiden Small
Arthur Cox LLP

Italy 223
Emanuela Campari Bernacchi
Valentina Lattanzi
Francesco Lucernari
PedersoliGattai

Luxembourg 237
Sara Gerling
Josée Weydert
NautaDutilh

The Netherlands 249
Willem Jarigsma
Martijn Rongen
Sharita Willigenburg
Loyens & Loeff

Portugal 265
José Miguel Carracho
Pedro Cassiano Santos
Vieira de Almeida

Spain 279
Héctor Bros
Jaime de la Torre
Tania Esteban
Arnau Pastor
Cuatrecasas

Switzerland 293
Judith Raijmakers
Florian Thomas Willi
Loyens & Loeff

Trustees and servicers 309
Treasa Duffy
Gary Silverman
Mayer Brown

Conduit financing of securitisation transactions 317
Robyn Llewellyn
Mayer Brown

The accounting treatment of securitisation transactions 325
Brett Lewis
Robyn Llewellyn
Mayer Brown

Sustainable securitisation: challenges and opportunities 333
Tim Healy Kavanagh
Mariana Padinha Ribeiro
Izabela Pawlak
Peter Pears
Mayer Brown

STS securitisation 343
James Hanley
Harjeet Lall
Mayer Brown

About the authors 359

About Globe Law and Business 373

Erscheinungsdatum
Mitarbeit Berater: Dominic Griffiths
Verlagsort London
Sprache englisch
Maße 160 x 240 mm
Themenwelt Recht / Steuern EU / Internationales Recht
Recht / Steuern Privatrecht / Bürgerliches Recht Berufs-/Gebührenrecht
Recht / Steuern Wirtschaftsrecht Bank- und Kapitalmarktrecht
ISBN-10 1-78742-958-X / 178742958X
ISBN-13 978-1-78742-958-1 / 9781787429581
Zustand Neuware
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