Despite the credit and liquidity crisis impacting severely on the securitisation market in 2007, the general consensus of delegates and speakers at the 6th Finance Dublin Securitisation Conference was that the industry needs to return to basics to go forward from the crisis, but that the sector will recover some time in 2008. Governor of
the Central Bank, John Hurley, delivered the keynote address to delegates, calling for a reassessment of the securitised model of capital markets saying it would ‘help create a more robust securitisation model, thereby ensuring that the many important benefits of this model are preserved’. |
