PT - JOURNAL ARTICLE AU - Carol Hitselberger TI - Examining the Future of Global ABCP AID - 10.3905/jsf.2012.17.4.154 DP - 2012 Jan 31 TA - The Journal of Structured Finance PG - 154--155 VI - 17 IP - 4 4099 - https://pm-research.com/content/17/4/154.short 4100 - https://pm-research.com/content/17/4/154.full AB - This panel discussed the obstacles currently facing the asset-backed commercial paper (ABCP) market, due to both economic factors (particularly those affecting the ability of French bank-sponsored ABCP conduits) and regulatory uncertainty as a result of Dodd–Frank proposals and BIS 3. Although the tone of the moderator’s (Carol Hitselberger’s) questions suggested that these obstacles forecast a very rocky end of 2011 and 2012 for ABCP sponsors and their customers alike, the sponsors on the panel, in particular, Maureen Coen, Ed Weber, and Vincent Fleury, were uniformly enthusiastic and optimistic about the future of the ABCP market. All took the view that any difficulty in marketing ABCP of any particular sponsor or group of sponsors would be temporary and that their programs would continue to thrive as they adapted to the new regulations pending.TOPICS: Asset-backed securities (ABS), analysis of individual factors/risk premia