Press Release: Announcing Establishment of Asian Securitization Forum
(June 11, 2001)
PRESS RELEASE
ASIAN SECURITIZATION FORUM
To promote the fast-growing business of securitization in
Asia and the Pacific, securitization professionals have constituted a body
called the Asian Securitization Forum. The Forum has been setup under a not-for-profit company registered
in India.
The basic objective of the Forum is to provide a platform
for interaction, sharing of information and propagation of securitization
activity. The Forum will also lobby with regulators in different countries in
the region to foster a congenial environment for securitization activity.
Headquartered in Mumbai, India, the Forum will have a
region-wide presence.
Vinod Kothari, a leading securitization consultant and
trainer has taken over as the Executive Director of the Forum. A Governing Body
consisting of eminent securitization professionals from all over the region
will be constituted soon.
Securitization is growing fast in Asia. The rate of growth
in Japan has been spectacular, but in other Asian and Pacific countries, it is
still facing a number of impediments. The Forum will use its collective
strength to share information, focus opinion to remove environmental problems,
standardize procedures, etc.
A full featured website of the Forum has also been launched
at:ΓΏ http://www.asian-securitization.com
For any comments or questions relating to the Forum, contact
Vinod Kothari at: vinod@asian-securitization.com
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