A Primer to Asset Backed Securisation (The Transformation of Risks).

This paper provides an introduction to a form of financial innovation which is the relatively recent phenomenon of asset backed securisation (ABS). An overview of the related issues and importance of this trend towards asset backed securisation in the UK by financial institutions is provided. Specifically, these issues are: the transformation of risks; whether recourse exists; and, what is the appropriate accounting treatment.

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Year of publication:	1996
Authors:	Wolfe, S.
Institutions:	Economics Division, University of Southampton
Subject:	FINANCIAL MARKET \| INTERNATIONAL FINANCE \| RISK \| MANAGEMENT

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Series:	University of Southampton - Department of Accounting and Management Science.
Type of publication:	Book / Working Paper
Notes:	37 pages
Classification:	D80 - Information and Uncertainty. General ; D81 - Criteria for Decision-Making under Risk and Uncertainty ; G30 - Corporate Finance and Governance. General ; G31 - Capital Budgeting; Investment Policy ; M41 - Accounting
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005640632