Financial market crisis – what caused it and what direct impact is it having on the credit and securitisation markets?

A historical comparison of financial crises
Corporate finance during the credit crunch
The market for commercial real estate finance
Securitisation options for SMEs
Risk management – lessons from the crisis
Developments on the CDS market

What is being achieved by government crisis management?

Bank liquidity in the crisis – measures taken by central banks and government
How does a "bad bank" operate?
ECB criteria and their application when refinancing via ABS

What are the regulatory consequences of the financial market crisis?

Consequences for securitisation market regulation arising from the subprime crisis
Changes to IFRS and the Accounting Modernisation Act
Further development of Basel II

What options are available for dealing with damaged assets such as toxic securities and NPLs?

NPLs – options open to banks for dealing with non-performing loans
The market for non-performing loans
How toxic are "toxic assets"? Evaluating and handling US CDOs

What investment opportunities are currently available on the credit and securitisation markets?

Loan securitisation as seen by investors – how do investors currently view the securitisation market?
Where are the opportunities for investors?
System support for the analysis and evaluation of securitisation transactions

What new legal framework conditions beyond supervision and regulation apply to the credit and securitisation markets in Germany?

New debt securities legislation and German ABS bonds
Legal framework conditions for the termination of loans and loan liquidation pursuant to the Risk Reduction Act

Special topics for the securitisation market

Corporate governance in securitisation transactions
Counterparty risk – evaluation and mitigation
Offshore solutions v TSI platform
Securitising trade and leasing assets – conduit platforms and the development of the ABCP market