For European A Framework Securitisation - Securitization.Net

To fill this void, the European Securitisation Forum has launched an
ambitious project: the production of a document entitled A Framework for
European Securitisation (“Framework”). This document will set forth visionary
and aspirational goals for the evolution and enactment of key legal, regulatory,
accounting, capital, tax and market practice features, standards and
guidelines that will collectively define the elements needed to facilitate a
more uniform and harmonised framework for securitisation throughout
Europe. As such, the document provides substantive policy guidance to legislative
and regulatory bodies, serves as a common mission statement to
define the Forum’s basic goals, and establishes benchmarks for evaluating
and measuring progress toward these goals.
The ESF has planned and organised this Symposium on the Framework,
which Fortis Bank has generously offered to host at its offices in Brussels.
We also appreciate the support of the Duke Global Capital Markets
Center in securing additional participation from the European academic
community. The principal purposes of this event are:
■ To unveil and launch the completed Framework document and
articulate the ESF’s goals and purposes behind this project;
■ To solicit reactions and responses to the Framework document and to
generate broad-based discussion and debate on its general and
Simultaneous translation into Deutsch, Français and Italiano
14:45–16:15
A CLOSER LOOK AT SOME KEY PRINCIPLES
AND GOALS OF THE FRAMEWORK
This panel of experts will examine in detail some of the
most fundamental and vital goals set-out in the
Framework in respect of creating a more competitive, efficient
securitisation market in Europe. Specifically, areas
covered will include, among others, goals relating to (i)
origination of assets; (ii) sale, transfer and isolation of
assets; (iii) insolvency/bankruptcy laws; (iv) ownership
and servicing of assets, and (v) regulatory treatment of
securitisation.
MODERATOR
Mr. Rupert Harrison, Head of Structured Solutions
Global Corporate Finance
Arthur Andersen (London)
PANELISTS
Mr. Alexander Batchvarov, Head of International
Structured Credit Research
Merrill Lynch (London)
Mr. Dan Curry, Group Managing Director
Structured Finance
Moody’s Investor Services (London)
Mr. Richard Parolai,Partner
Clifford Chance Pünder (Paris)
Ms. Carmen Barrenechea,Director
Titulizacion de Activos (Madrid)
Mr. Richard Goldthorpe,Director
Global Head of Securitisation
Fortis Bank (Brussels)
16:15–17:30
THE NEED FOR MORE HARMONISATION IN THE EUROPEAN
SECURTISATION MARKETS: A DEBATE