France To Effect 5% Securitization Rule Dec. 31.

24 Sep 2010

French regulators will require banks and other financial institutions to hold at least 5% of loan securitizations on their own books from Dec. 31.

French regulators will require banks and other financial institutions to hold at least 5% of loan securitizations on their own books from Dec. 31. The rule is part of a wide-ranging series of European Union directives to be implemented by the French finance ministry, and which are intended ...

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