Academic Journal

A Study of the Implications of the European Securitisation Regulation 2017/2402 on Malta

التفاصيل البيبلوغرافية
العنوان: A Study of the Implications of the European Securitisation Regulation 2017/2402 on Malta
المؤلفون: Joseph Micallef, Simon Grima, Sharon Seychell, Ramona Rupeika-Apoga, Mark Lawrence Zammit
المصدر: Laws, Vol 9, Iss 3, p 20 (2020)
بيانات النشر: MDPI AG, 2020.
سنة النشر: 2020
المجموعة: LCC:Law
مصطلحات موضوعية: Simple Transparent and Standard Securitisation (STS Securitisation), Capital Markets Union (CMU), Capital Requirement Regulation (CRR), Basel Securitisation Framework, net economic interest, Law
الوصف: A decade ago, the financial world was taken by surprise, when prominent credit institutions filed for bankruptcy. The financial crisis phenomena spurred the need for regulating Securitisation and enhancing the capital requirements framework. In response, the Basel Committee initiated the regulatory treatment for the Simple Transparent and Comparable Securitisation (STC Securitisation), the USA passed the Dodd–Frank Act and the EU introduced Securitisation Regulation No. 2017/2402 to address the causes and failures, which were identified, following the aftermath of this financial crisis. With this article, we aim to analyse the main provisions of the Regulation No. 2017/2402 on Malta as a jurisdiction for securitisation and provide an insight on the prospective market development. To reach our aim we analysed scholarly documentation (academic chapters, journals, articles and monographs), rules, guidelines, recommendations, directives and regulations and use the case study methodology, as suggested by Yin (2003) and Yazan (2015), on Malta. In our opinion, recently, Malta has made significant improvements in the securitisation sector, mostly evidenced by the introduction of the legislation. All interviewees emphasised that Malta has substantial opportunities for further growth in the securitisation market and it is encouraged to be exploited well.
نوع الوثيقة: article
وصف الملف: electronic resource
اللغة: English
تدمد: 2075-471X
Relation: https://www.mdpi.com/2075-471X/9/3/20; https://doaj.org/toc/2075-471X
DOI: 10.3390/laws9030020
URL الوصول: https://doaj.org/article/2370cd7539964ca9ba01b82c15acf150
رقم الانضمام: edsdoj.2370cd7539964ca9ba01b82c15acf150
قاعدة البيانات: Directory of Open Access Journals
الوصف
تدمد:2075471X
DOI:10.3390/laws9030020