It was a familiar refrain, heard whenever the two sides of the securitization market are in the same room: investors complaining bitterly about the lack of deal surveillance information; and issuers, rating agencies and underwriters denying that it was up to them to do anything about it.

However, at the recent Fabozzi/IMN Global ABS summit held at Montreux, Switzerland, there was a new twist: this time there were a set of recommended deal reporting standards that everyone could at the very least aspire to.

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