English, , 476kb
Although securitisation issuance has slumped in recent years with both the US and European markets having become increasingly dependent on central bank and government support, the securisation market is expected to recover over a long term horizon.
English, , 1,020kb
Financial policy reforms urgently need to address containing the huge risks taken by the SIFIs that encompass the global derivatives business. This paper analyses the global derivatives business and makes recommendations for policy reforms that encourage financial stability.
English, , 599kb
Mobilising private sector funding is essential in bridging the infrastructure funding gap. Stable and accessible programmes of infrastructure projects and public-private partnerships (PPPs) are key in attracting private sector investors, complemented by adequate regulation.
English, , 282kb
This article discusses how to mobilise more institutional equity into infrastructure. If the regulatory and investment framework is right, more institutional money can be invested in infrastructure to deliver the high levels of capital expenditure needed.
English, , 277kb
This article underlines the need for long-term investors to finance growth and the need to create instruments better suited to their needs, particularly in the context of the recent regulatory changes.
English, , 567kb
This article discusses selected issues regarding the impact of protracted periods of low interest rates on pension funds and insurance companies.
English, , 833kb
Guarantees have become the preferred instrument for addressing financial policy objectives such as financial stability, consumer protection and credit allocations. Before adding on new arrangements, consideration should be given to their strength, consistency and affordability.
English, , 371kb
This article explores the resiliency and development of the asset management industry, why it has recovered well from the crisis, how it fosters economic growth and the vehicles for long-term retail investment that need to be developed.
English, , 341kb
One of the lessons learned from the last financial crisis is the underpricing of risk and lack of transparency drove the dynamics of the financial crisis. Challenging tasks ahead include improving governance and reducing excessive risk-taking and transparent remuneration plans.
English, , 878kb
This article discusses the demand for long-term investment in mature and emerging countries for financing infrastructure, innovation, education, growth and environmental programmes.