Securitisation benefits the economy by bringing financial markets and capital markets together. It is clear, however, that the securitisation markets in Asia are not as deep as those in the US or Europe, though there is now significant increasing interest, on the one hand, among investors in Asia looking at investing in US and European securitisations and, on the other hand, among issuers in Asia putting in place securitisation structures which will appeal to US and European investors. Several markets in Asia have established securitisation frameworks with varying degrees of sophistication over the years, but the fact remains that it is an under-utilised market.
