Benoît Coeuré, Member of the Executive Board of the ECB, gave a speech in Dublin on April 11th on "Challenges and feasibility of diversifying the financing of EU corporates and SMEs". Securitisation is touched upon as a possible source of funding for SMEs in Europe, indicating further support from policy makers for a return of a strong and high quality securitisation market. In particular, Mr Coeuré, cites PCS, commending its efforts in this field.
The speech can be found
here
