Senior IMF official supports the ECB/BoE approach to high quality securitisation

In the first sign that, following the ECB/Bank of England paper, the debate over the regulatory treatment of high quality securitisation is obtaining a foothold on the global agenda, Jose Viñals, a senior IMF official, spoke favourably of the approach championed in the joint communication.  His comments were made in an interview with Borsen Zeitung and picked up by Reuters.  (The Reuters piece may be found here and the original interview in German may be reached through here – but is behind a pay wall).