EU reboots NPL rules as bad debt looms

By Tom Brown
08 Apr 2021

Long-awaited amendments to European securitization law come into force on Friday, which should make non-performing loans securitization easier at a time when bad debt levels are set to rocket. Tom Brown reports.

To fight off some of the economic pain of the pandemic, the EU has tried to give its banks a headstart in selling off bad debt quickly, rather than setting up an international bad bank or other structures to ease the burden.

That meant changing the rules for the securitization of ...

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