Cracking the EU’s NPL reforms

In March 2018, the European Commission published a package of measures aimed at reducing the current stock of non-performing loans held by European banks and mitigating their build-up in the future. Separate guidelines on minimum regulatory provisioning levels for NPLs were published by the European Central Bank (ECB) through the addendum to its 2017 NPLs Guidance.

Source: White & Case LLP

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