Proposed securitisation market regulations will impair the refinancing of the German real economy

The joint position paper of Deutsches Aktieninstitut, Bundesverband der Deutschen Industrie and Verband Deutscher Treasurer stresses the importance of the German securitisation market, especially with regard to sales and working capital financing in German industry. The paper focuses on several draft regulations that will lead to a major slump in the European and German securitisation market and hence cause damage to the real economy.