New Developments in Securitization PDF Download

Author:
Publisher:
ISBN:
Category : Asset-backed financing
Languages : en
Pages : 1224

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Author: Jennifer Romero-Torres
Publisher: Asian Development Bank
ISBN: 9292579843
Category : Business & Economics
Languages : en
Pages : 130

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India needs to spend close to Rs43 trillion (about $646 billion) on infrastructure through to 2022. Such a staggering requirement cannot be met though traditional sources such as public sector bank loans. India must immediately explore and quickly ramp up financing from alternative investment sources. This report provides an overview of infrastructure financing in India, sheds light on the challenges faced by the country's banking sector, suggests an optimal mechanism for securitizing the infrastructure assets of public sector banks, and outlines a range of scenarios and factors that must be in place for this mechanism to be successfully realized.

Author: Arif Sahar
Publisher: Taylor & Francis
ISBN: 104026414X
Category : Political Science
Languages : en
Pages : 215

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This book analyses the securitization of ethnic identities and social groups by the state in Afghanistan in the post-2001 context. Securitization is arguably the most successful theoretical framework to analyse security beyond the military confines. Yet, despite its broadening agenda, the securitization framework has been accused of a Western bias. This book analyses the extent and the modalities and practices of the securitization of ethnic identities and social groups (e.g. women) by the state in Afghanistan post-2001, which is especially relevant following the takeover by the Taliban in August 2021. It puts forward a more nuanced argument by analytically distinguishing and empirically testing state policies, practices, and perspectives on ethnic and social groups that are largely informed by the fear and legacies of civil war (1978–2001). The work argues that the traditional lack of a stable state identity that could function as a basis for ontological security in Afghanistan has resulted in a persistent state of fragility exacerbated by the legacies and fears of civil war that have had a direct impact on the development of the state’s perspectives on ethnic and social groups. Whilst the state does not necessarily indulge in explicit securitization practices and discourses, securitization often takes place through implicit activities to undermine ethnic and social groups’ ability to enter political, economic, and socio-cultural competitions fairly and equitably, which would, in turn, enable these groups to challenge the state. The securitization process, therefore, has had an impact on the ability of these groups to benefit from opportunities fairly and equitably. This book will be of much interest to students of critical security studies, statebuilding, Asian politics, and International Relations in general.

Author: Thierry Balzacq
Publisher: Routledge
ISBN: 1135246149
Category : History
Languages : en
Pages : 273

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This volume aims to provide a new framework for the analysis of securitization processes, increasing our understanding of how security issues emerge, evolve and dissolve. Securitisation theory has become one of the key components of security studies and IR courses in recent years, and this book represents the first attempt to provide an integrated and rigorous overview of securitization practices within a coherent framework. To do so, it organizes securitization around three core assumptions which make the theory applicable to empirical studies: the centrality of audience, the co-dependency of agency and context and the structuring force of the dispositif. These assumptions are then investigated through discourse analysis, process-tracing, ethnographic research, and content analysis and discussed in relation to extensive case studies. This innovative new book will be of much interest to students of securitisation and critical security studies, as well as IR theory and sociology. Thierry Balzacq is holder of the Tocqueville Chair on Security Policies and Professor at the University of Namur. He is Research Director at the University of Louvain and Associate Researcher at the Centre for European Studies at Sciences Po Paris.

Author: Leon T. Kendall
Publisher: MIT Press
ISBN: 9780262611633
Category : Business & Economics
Languages : en
Pages : 200

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A Primer on Securitization introduces readers to America's newest system of raising capital: what it is, how it operates, and what difference securitization makes. Gathering fourteen lectures by the pioneers of securitization and by current practitioners--from Freddie Mac, Paine Webber, JP Morgan, Chrysler, McKinsey & Co, and other major players-- A Primer on Securitization introduces readers to America's newest system of raising capital: what it is, how it operates, and what difference securitization makes.The securitization process bypasses financial intermediaries that have historically collected deposits and loaned them to those seeking funds, and links borrowers directly to money and capital markets. Although little has been written about what is perhaps one of the most important innovations to emerge in financial markets since the 1930s, securitization has revolutionized the way that the borrowing needs of consumers and businesses are met. Today, for example, over two-thirds of all home loans are being securitized, along with substantial percentages of auto loans and credit card receivables, and the process continues to expand into new fields including synthetic securities. Authoritative and practical, these lectures show how securitization was developed to fill a gap in financial markets. They discuss the nature and causes of the market imperfections that made securitization a valuable source of funds, and describe how securitization has linked local mortgage markets with international capital markets. Readers will gain a broad perspective of the different parties--the borrower, the loan originator, the servicer, the rating agency, the special purpose vehicle, the credit enhancer, the underwriter, and the investor--as well as a detailed analysis of how these parties relate to one another. From the inception of the secondary mortgage market through the collapse of the Granite funds, readers will learn not only about the success but also about the excesses and failures that typically accompany the development of any product in the real or financial sector.

Author: Auerbach, Sweet
Publisher: Wolters Kluwer
ISBN: 1543803555
Category : Business & Economics
Languages : en
Pages : 1778

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Regulation AB has made a tremendous impact on the asset-backed securities markets. Where only imprecise, interpretive regulation previously existed, the new Regulation and related rules changes have imposed an extensive array of disclosure requirements. presents the only detailed guidance on the recently adopted securities offering reform rules and their effect on asset-backed securities offerings. It is the first genuine practice manual for this area of the law, covering the critical issues that arise in all relevant areas, including: securities law, tax, bankruptcy, accounting, and more. Offerings of Asset-Backed Securities, Fourth Edition tells you how to do asset-backed deals from a very practical perspective. It does not concern itself with legal theory. Instead, this unique resource focuses on real-world know-how, delivering: A step-by-step approach to spotting issues and solving problems Practical, transaction-oriented advice from the perspective of experienced practitioners Insights into specific issues that frequently arise in transactions Solutions to common problems Includes "issue-spotting" checklists and other formatting tools to ensure that this resource serves as a reliable, quick reference. Offerings of Asset-Backed Securities, Fourth Edition is the only practical, accessible, easy-to-use guide to the new SEC rules and the key issues associated with structuring and executing securitization transactions. Previous Edition: Offerings of Asset-Backed Securities, Third Edition, ISBN 9781454874201

Author: Dmitri Boreiko
Publisher: Edward Elgar Publishing
ISBN: 1803921587
Category : Business & Economics
Languages : en
Pages : 275

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Delving into the comprehensive evolution of Initial Coin Offerings (ICOs), this innovative book traces their origins and transition into modern forms such as Security Token Offerings, Initial Exchange Offerings, Initial DEX Offerings, and Non-Fungible Tokens. It provides an in-depth analysis of the factors behind the appeal of ICOs, the complex ecosystem surrounding them, and the key developments within the blockchain and cryptocurrency space.

Author: Charles-Henri Larreur
Publisher: John Wiley & Sons
ISBN: 1119371260
Category : Business & Economics
Languages : en
Pages : 400

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Comprehensive coverage of all major structured finance transactions Structured Finance is a comprehensive introduction to non-recourse financing techniques and asset-based lending. It provides a detailed overview of leveraged buyouts, project finance, asset finance and securitisation. Through thirteen case studies and more than 500 examples of companies, the book offers an in-depth analysis of the topic. It also provides a historical perspective of these structures, revealing how and why they were initially created. Instruments within each type of transaction are examined in detail, including Credit Default Swaps and Credit Linked Notes. A presentation of the Basel Accords offers the necessary background to understand the regulatory context in which these financings operate. With this book, readers will be able to: Delve into the main structured finance techniques to understand their components, mechanisms and how they compare Understand how structured finance came to be, and why it continues to be successful in the modern markets Learn the characteristics of financial instruments found in various structured transactions Explore the global context of structured finance, including the regulatory framework under which it operates Structured Finance provides foundational knowledge and global perspective to facilitate a comprehensive understanding of this critical aspect of modern finance. It is a must-read for undergraduate and MBA students and finance professionals alike.

Author: Isak Karabegovic
Publisher: Springer Nature
ISBN: 3031662717
Category :
Languages : en
Pages : 714

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Author: Kravitt
Publisher: Wolters Kluwer
ISBN: 0735561923
Category : Law
Languages : en
Pages : 1902

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