Banking & Finance: A booming market for funding banks
Securitisation is in its infancy in Portugal. But, writes Joao Nuno Barrocas, its increasing popularity is hastening the need for legislative reform
If you compare Portugal’s experience with that of other countries, securitisation is really in its infancy as a successful alternative financing mechanism. The first securitisation operations were put into effect in the country in the late 1990s by the local banks. This state of affairs was not helped much by legislation either.
This premium content is reserved for
Legal Week Subscribers.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651