Benoît Coeuré , Member of the Executive Board of the ECB makes a positive reference to securitisation and to PCS

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