After a few years of relative non-activity in Asian securitization, with the notable exceptions of Japan and Korea, things may be starting to look up again. Investment banks, such as ING Barings, are starting to build up their asset backed securities ABS teams again in the belief that potential issuers are looking at this funding method once again.
Taiwan is one country that wants to get in on the act. The government, which recently had six bills from its financial reform package passed by the Legislative Juan, has also been working towards a draft securitization law. This was due to be made public at the end of June, but has been pushed back...
