In its September Monthly Report, the ECB published an article entitled "Reactivating the European ABS market: challenges and possible remedies". (It can be found in Box 6 on page 48 of this document). In the article, the ECB raises the question of the impact of the various regulatory proposals and the issues of investor uncertainty. It also speaks positively of "initiatives to improve transparency and standardisation, with the aim of enabling investors to better assess risk, and support the real economy [as] crucial to attract market participants and reactivate the European ABS market."
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