资产证券化及其发展要素

Asset securitization and developing elements

7月15日,央行副行长吴晓灵在"中国住房抵押贷款证券化的法律和金融制度国际研讨会"上表示,人民银行已向国务院上报了在中国进行住房抵押贷款证券化(MBS)试点报告,目前报告已在审批过程中。审批的核心问题是其风险是否可控以及操作是否有法可依、有规可循。本期我们特别约请了麦格理管理咨询(上海)有限公司总经理章利华女士来介绍资产证券化发展过程中的有关问题。

The People's Bank of China has reported to the State Council to pilot Mortgage-based Securitization (MBS) in China, which is now under examination before approval. The examination is focusing on whether the related risk is controllable and whether the operation has supporting laws and regulations to follow. This was announced by Wu Xiaoling, Deputy Governor of the PBC on an international forum about legal and financial system for MBS in China. In this issue we invite Ms. Leigh Zhang, GM of Macquarie Securitization Shanghai, to introduce related problems in the development of asset securitization.