Not for the first or last time, Europe's major securitization conference echoed to a familiar cry: we want greater transparency and we want it now!

Despite the overall bullishness of most attendees at the IMN/Fabozzi conference in Barcelona, Spain, the call for greater transparency was aired more than any other, with many saying that it was the only way for the securitization market in Europe to develop in the way that it has in the U.S. Although most accept that progress is being made, there are still significant steps to be taken before they will be satisfied.

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