Esta web utiliza cookies propias y de terceros que nos permiten optimizar tu experiencia en el sitio web, evaluar su rendimiento, generar estadísticas de uso y mejorar y añadir nuevas funcionalidades. Mediante el análisis de tus hábitos de navegación podemos mostrar contenidos más relevantes y medir las interacciones con la web.
Puede obtener más información aquí.

Avanzado
Artículos
Portada

Mortgage Securitisation: Origin, Evolution, Crisis and European Regulation (Papel + e-book)

'Flynn, Andrew
ARANZADI
05 / 2023
9788411254694
Castellano
Monografía
ESPAÑA
Derecho

Sinopsis

This book studies the evolution of mortgage securitisation together with that of the derivative instruments that they have frequently been combined with. It traces the historical development of securitisation from its roots in various European legal institutions to the creation of its modern form in the U.S.A in the last decades of the twentieth century, and explores the Common Law treatment of derivatives, by explaining how they came to be distinguished from both insurance contracts and wagers. It makes the case that it was the eventual merging of mortgage backed securities with credit derivatives that resulted in securitised products acting as a catalyst for the credit crunch and the ensuing Financial Crisis, and that subsequent regulation, particularly the European Securitisation Regulation has been significantly shaped by the erroneous perception of Securitisation as a principal cause of the crisis.

PVP
51,58€