Review of Asian securitisations and China’s securitisation performance : 18 months into the COVID-19 crisis

In our previous article published in mid-2020 (in the 11th edition of this book), we considered the potential impact of COVID-19 on asset-backed securitisations in Asia. Eighteen months have now elapsed since the start of the COVID-19 crisis. In this article, we will review some legal updates arising from COVID-19 that could impact asset-backed securitisations (“ABS”) in Asia. We will also examine the impact of COVID-19 on ABS issuance volumes in Asia compared to the rest of the world and China securitisation performance in 2020.