TY  - UNPD
A1  - Jobst, Andreas A.
T1  - The Basle securitisation framework explained: the regulatory treatment of asset securitisation : (forthcoming in Journal of Financial Regulation and Compliance, Vol. 13, No. 1)
N2  - The paper provides a comprehensive overview of the gradual evolution of the supervisory policy adopted by the Basle Committee for the regulatory treatment of asset securitisation. We carefully highlight the pathology of the new “securitisation framework” to facilitate a general understanding of what constitutes the current state of computing adequate capital requirements for securitised credit exposures. Although we incorporate a simplified sensitivity analysis of the varying levels of capital charges depending on the security design of asset securitisation transactions, we do not engage in a profound analysis of the benefits and drawbacks implicated in the new securitisation framework. JEL Klassifikation: E58, G21, G24, K23, L51. Forthcoming in Journal of Financial Regulation and Compliance, Vol. 13, No. 1 .
T3  - CFS working paper series - 2004, 21 r 
KW  - Banking Regulation
KW  - Asset Securitisation
KW  - Basle Committee
KW  - Basle 2
KW  - Basler Eigenkapitalvereinbarung , 2001
Y1  - 2004
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/4399
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30-10942
N1  - First version: January 12, 2004. This Version: 22 Sept. 2004
IS  - This Version: 22 Sept. 2004
ER  -