Posts Tagged ‘ASIC’

Australia’s ASIC To Boost Securitization Market Disclosure

Tuesday, November 17th, 2009

Australia’s securities regulator is in the process of designing a range of disclosure and transparency rules to inject confidence into the domestic securitization market and ensure regulatory oversight moves in step with global peers, an official said Wednesday.

The measures are part of a concerted global push to restore faith in securitization markets and reduce the kind of exposures which brought the global financial system to a shuddering halt in 2007 as investors fled structured products.

Read the whole story @ WSJ