Yves Mersch, of the ECB, gives an interview to Il Sole. He specifically focuses on the issue of upcoming regulations of ABS as a reason for the failure of the market to return

22/04/2013

In an interview given last week to the Italian newspaper Il Sole 24 Ore, Yves Mersch, a member of the Executive Board of the European Central Bank and the person in charge at the ECB of the Banking Union dossier, not only reflects of the need for a securitisation market to assist SME's in Europe but specifically refers to the proposed regulatory changes to the capital treatment as a possible cause of the securitisation market's failure to revive.

The relevant extract of his interview can be found here

Yves Mersch, of the ECB, gives an interview to Il Sole.  He specifically focuses on the issue of upcoming regulations of ABS as a reason for the failure of the market to return
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