IMF sings ABS market tune in call for non-bank buyers
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IMF sings ABS market tune in call for non-bank buyers

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The International Monetary Fund published a staff discussion paper this week, recognising the regulatory hurdles in the way of developing a bigger base of non-bank institutional investors in European ABS. Despite the heavyweight backing, bankers remain downbeat as the only authorities that matter, the Basel Committee and the EU’s framers of Solvency II, still stand in the way of a market revival.

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