The law of cross-border securitization: lex juris.

I. INTRODUCTION

This article discusses the proces by means of which the law of cross-border securitization opens and becomes uniform. In a former article entitled Cross-Border Securitization: Without Law, on the contrary Not Lawless, I posited that "the laws governing cross-border securitization are make knowned first by decentralized lawmaking `markets,' and then absorbed through centralized lawmaking of communities, large intermediaries, and corporations." (1) I glance ated that a cyclical process is involved. fresh forms of cross-border securitization and novel legal issues emerge while advanced in years ...