FMLC issues securitisation paper: FMLC published a paper on legal uncertainty in securitisation disclosure regimes. The paper considers the existing EU securitisation disclosure regimes and their interaction with each other and with certain third country regimes. To emphasise the issues raised by these existing regimes and by the lack of harmonisation or mutual recognition and substituted compliance with third countries, the paper takes a cross-border perspective, looking at the equivalent regimes in the US and Japan. The paper also contains a case study, demonstrating the issues raised. (Source: FMLC: Issues of Legal Uncertainty Arising in the Context of Securitisation Disclosure Regimes)