From the Regulators

Task force will survey markets to understand how they are evolving globally

By James Langton |

Global banking and securities regulators are seeking a better understanding of evolving securitization markets through a new research effort.

The Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) announced today that they are co-leading a task force that will undertake a wide-ranging survey of global securitization markets.

The task force will survey securitization markets "with the aim of understanding how they are evolving in different parts of the world", it says. Specifically, it aims to identify factors that may be hindering the development of sustainable markets; assess whether there are factors inhibiting investor participation; and, to determine criteria to help develop simple, transparent securitization structures.

To that end, the task force — which was established in consultation with the International Association of Insurance Supervisors (IAIS) and the International Accounting Standards Board (IASB) — has set up an online survey to seek the views of market participants.

"Market participants are encouraged to participate in this survey as their experience and views will be a useful and important input into this review," the regulators say. The survey will be open until July 25.