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THE CONCEPT FOR THE DEVELOPMENT OF THE „HIGH-QUALITY“ („QUALIFIED“) SECURITIZATION IN THE CONTEXT OF THE BUILDING A CAPITAL MARKETS UNION IN EUROPE
The article examines the initiatives taken by the European Commission, other European institutions and international organizations to ensure the uniform quality standards and adequate regulatory treatment of the securitization as a prerequisite for the recovery of the securitization market in Europe, which was severely affected by the global financial crisis. Although certain problematic applications of the securitization technology were among the causes for triggering of the crisis, the recovery…
