National adoption of covered bond directive still on track

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By Bill Thornhill
30 Jul 2020

The transposition of the covered bond directive into national legislative frameworks is expected to have been completed by all member states within the next six months. But the clock is ticking, and a decision on whether to postpone implementation will be discussed in September.

The covered bond directive was published in the Official Journal of the European Union on December 18 last year and came into force on January 7. Member states have until January 8, 2021 to transpose the directive into national law and the rules must be implemented by July ...

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