Hogan Lovells was an advocate sponsor of the 26th Annual Global ABS 2022 Conference held in Barcelona. Partner Sharon Lewis (Head of Finance, Insurance, and Investment Sector), alongside Dimitrios Logizidis (Partner at Gide Loyrette Nouel), Paolo Angeles (Innovation Analytics Product Lead, London Stock Exchange / Yield Book), Carlo Oly (Head of Relationship Management, Luxembourg Stock Exchange), Phil Toth (Managing Director QueensGiant) and Martin Vojtko, (Senior Counsel at the European Investment Fund) discussed the role of blockchain and asset tokenisation on structured finance and securitisation transactions. We have summarised some of the key take-aways from the event.
While we still may be at an early stage of the evolution of blockchain for securitisation, blockchain along with smart contracts, promises to transform many activities in our securitisation industry. The question becomes not if but when, and when is now.
Blockchain has the potential to streamline processes, lower costs, increase transaction speed and efficiency through automation, enhance transparency and improve security, for all transaction participants, from issuer, to paying agent, to investors, and for others such as auditors, third party opinion providers, rating agencies and regulatory bodies.
What are Blockchain, smart Contracts and Tokenisation?
How blockchain could benefit structured finance
Some challenges to adoption
How has the structured finance industry been impacted so far?
What's next?