The reconstruction of the securitization market took another turn last week as a collective group of European securitization market associations outlined a three-pronged initiative aimed at improving market transparency.

The associations were the Commercial Mortgage Securities Association (CMSA), European Banking Federation (EBF), the European Association of Co-operative Banks (ESBG), the European Securitization Forum (ESF), the International Capital Market Association (ICMA), the London Investment Banking Association (LIBA), and the Securities Industry and Financial Markets Association (SIFMA).

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