Success of European program purchasing asset-backed securities will depend on how regulators define 'simple.'
By Jim Brunsden, Bloomberg|September 02, 2014 at 08:42 AM
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The European Central Bank (ECB) is gearing up to buy “simple, transparent, and real” asset-backed debt. The success of its bid to breathe life into the market will depend on how regulators from Basel to Brussels define those terms.
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