Information asymmetry as a risk factor for the institution of assets securitization in the global financial market

The article demonstrates how information asymmetry sets off the advantages which the securitization represents for issuers and investors under the conditions of an efficient market and openness of information. Based on the works of leading experts in the field of the theory and practice of securitization, the author provides examples of the negative impact of information asymmetry on the financial result of securitization, he emphasizes to different types of information asymmetry, concluding that it restrains competition and leads to inefficient functioning of the global financial market.