This paper contains a description of a new so called liquidity coverage requirement and its possible relations with securitization positions in Europe. The author indicates that European securitization transactions performed significantly better during the financial crisis than American ones. Because of this fact they could be treated as an alternative channel to finance the real economy. The new regulations matter in this context, regulations designed with an aim to diminish the probability for similar crises in the future. One of the most important sets of regulations is the Capital Requirements Regulation (CRR) where the liquidity coverage requirement has been inserted. In LCR, for the first time in European rules, the advantages of securitization have been noticed so that certain securitizations are recognized as possible partial insurance in credit institutions against liquidity outflow during 30 calendar days. The research question is: could this recognition of securitization have – together with work performed by the ECB and European Commission – an influence on a recovery of securitization markets in Europe.
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Utwór dostępny jest na licencji Creative Commons Uznanie autorstwa – Użycie niekomercyjne – Na tych samych warunkach 4.0 Międzynarodowe.