Skip to main content

Main menu

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • Submit an article
  • More
    • About JSF
    • Editorial Board
    • Published Ahead of Print (PAP)
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • Follow IIJ on LinkedIn
  • Follow IIJ on Twitter

User menu

  • Sample our Content
  • Request a demo
  • Log in

Search

  • ADVANCED SEARCH: Discover more content by journal, author or time frame
The Journal of Structured Finance
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • Sample our Content
  • Request a demo
  • Log in
The Journal of Structured Finance

The Journal of Structured Finance

ADVANCED SEARCH: Discover more content by journal, author or time frame

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • Submit an article
  • More
    • About JSF
    • Editorial Board
    • Published Ahead of Print (PAP)
  • Follow IIJ on LinkedIn
  • Follow IIJ on Twitter

High-Quality Securitizations

Lewis Rinaudo Cohen and Kristen Lam
The Journal of Structured Finance Summer 2015, 21 (2) 34-38; DOI: https://doi.org/10.3905/jsf.2015.21.2.034
Lewis Rinaudo Cohen
is a partner at Hogan Lovells U.S. LLP in New York, NY.
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • For correspondence: lewis.cohen@hoganlovells.com
Kristen Lam
is an associate at Hogan Lovells U.S. LLP in New York, NY.
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • For correspondence: kristen.lam@hoganlovells.com
  • Article
  • Info & Metrics
  • PDF (Subscribers Only)
Loading

Click to login and read the full article.

Don’t have access? Click here to request a demo 
Alternatively, Call a member of the team to discuss membership options
US and Overseas: +1 646-931-9045
UK: 0207 139 1600

Abstract

The proposed label for high-quality securitizations (HQS), also known as simple, transparent, and standard securitizations, emerged from European private-sector efforts to label new securitizations as having been originated in accordance with a common set of agreed criteria representing industry best practice, distinct from past underwriting practices that were giving securitization a bad reputation. The goal behind this movement is for securitizations that merit this label to receive less onerous regulatory capital and liquidity treatment in addition to other benefits. There is more momentum behind these efforts in Europe than in the United States. HQS is a strong concept but still lacks a concrete definition. It would best be established as a global standard, but complications arise from differing regulations and policy goals among jurisdictions. Even if a set of standards is agreed across jurisdictions, there is still debate over who—for example, issuers, investors, or regulators—should determine whether a particular securitization qualifies for the label. And there are still a number of asset classes effectively excluded from HQS. Nonetheless, implementation of some form of HQS-type label over the next several years seems likely.

TOPICS: Technical analysis, legal and regulatory issues for structured finance

  • © 2015 Pageant Media Ltd
View Full Text

Don’t have access? Click here to request a demo

Alternatively, Call a member of the team to discuss membership options

US and Overseas: +1 646-931-9045

UK: 0207 139 1600

Log in using your username and password

Forgot your user name or password?
PreviousNext
Back to top

Explore our content to discover more relevant research

  • By topic
  • Across journals
  • From the experts
  • Monthly highlights
  • Special collections

In this issue

The Journal of Structured Finance: 21 (2)
The Journal of Structured Finance
Vol. 21, Issue 2
Summer 2015
  • Table of Contents
  • Index by author
Print
Download PDF
Article Alerts
Sign In to Email Alerts with your Email Address
Email Article

Thank you for your interest in spreading the word on The Journal of Structured Finance.

NOTE: We only request your email address so that the person you are recommending the page to knows that you wanted them to see it, and that it is not junk mail. We do not capture any email address.

Enter multiple addresses on separate lines or separate them with commas.
High-Quality Securitizations
(Your Name) has sent you a message from The Journal of Structured Finance
(Your Name) thought you would like to see the The Journal of Structured Finance web site.
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Citation Tools
High-Quality Securitizations
Lewis Rinaudo Cohen, Kristen Lam
The Journal of Structured Finance Jul 2015, 21 (2) 34-38; DOI: 10.3905/jsf.2015.21.2.034

Citation Manager Formats

  • BibTeX
  • Bookends
  • EasyBib
  • EndNote (tagged)
  • EndNote 8 (xml)
  • Medlars
  • Mendeley
  • Papers
  • RefWorks Tagged
  • Ref Manager
  • RIS
  • Zotero
Save To My Folders
Share
High-Quality Securitizations
Lewis Rinaudo Cohen, Kristen Lam
The Journal of Structured Finance Jul 2015, 21 (2) 34-38; DOI: 10.3905/jsf.2015.21.2.034
del.icio.us logo Digg logo Reddit logo Twitter logo Facebook logo Google logo LinkedIn logo Mendeley logo
Tweet Widget Facebook Like LinkedIn logo

Jump to section

  • Article
    • Abstract
    • HQS AS A PROBLEM SOLVER
    • HQS CATCHES ON
    • CONCEPTUAL FRAMEWORK
    • ESTIMATING THE SIZE AND EFFECT OF THE HQS MARKET
    • SHIFTING DEFINITIONS OF HQS AND A DIFFICULT IMPLEMENTATION
    • WHO MAKES THE DETERMINATION?
    • EXCLUSIONS AND FINE PRINT
    • ON THE FUTURE OF SECURITIZATIONS
    • Footnotes
  • Info & Metrics
  • PDF (Subscribers Only)
  • PDF (Subscribers Only)

Similar Articles

Cited By...

  • No citing articles found.
  • Google Scholar
LONDON
One London Wall, London, EC2Y 5EA
United Kingdom
+44 207 139 1600
 
NEW YORK
41 Madison Avenue, New York, NY 10010
USA
+1 646 931 9045
pm-research@pageantmedia.com
 

Stay Connected

  • Follow IIJ on LinkedIn
  • Follow IIJ on Twitter

MORE FROM PMR

  • Home
  • Awards
  • Investment Guides
  • Videos
  • About PMR

INFORMATION FOR

  • Academics
  • Agents
  • Authors
  • Content Usage Terms

GET INVOLVED

  • Advertise
  • Publish
  • Article Licensing
  • Contact Us
  • Subscribe Now
  • Log In
  • Update your profile
  • Give us your feedback

© 2022 Pageant Media Ltd | All Rights Reserved | ISSN: 1551-9783 | E-ISSN: 2374-1325

  • Site Map
  • Terms & Conditions
  • Cookies
  • Privacy Policy