Moroccan government Council: The adoption of a draft decree on asset securitization.

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The Council of Government, on meeting via videoconference headed by the headmaster of the Moroccan government, Saad Eddine El Otmani,  adopting the draft decree n° 2-20-715 amending decree n° 2.08.530 implementing law n° 33-06 relating to asset securitization.

According to the government spokesperson, Said Amzazi, who stated at a press conference about the draft decree, presented by the Minister of the Economy, Finance and Reform of the administration, aims to modify the provisions of article 1-12 of the aforementioned decree, by entrusting the determination of the conditions and modalities of granting of financing by the Collective Securitization Fund to a decision of the governmental authority. in charge of finances.

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