Action plan and measures to accelerate the reduction of non-performing loans in the banking sector

Topic area:
Status: 28.11.2018 |
Archived
Key words:
Non-performing loans / NPL
Initiative
Official name
Reducing Risk in the Banking Union: Commission presents measures to accelerate the reduction of non-performing loans in the banking sector
Type
Other
Level 3 / Other
Initiator
EU
Submitted
11.07.2017
Doc. code
-
Summary
Status
Status

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Current version
Final version
14.03.2018
Next step
Entry into force and application
Entry into force

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Application date

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Scope
Relevant for

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Associated initiatives
Level 1
NPL Secondary markets Directive (Credit servicers and credit purchasers) (binding, Amendment, EU)
Revision of the CRR (CRR2) - General Part (binding, Amendment, EU)
Level 2
–
Level 3 / Other
Guidelines on loan origination and monitoring (binding, Supplement, EU)
Secondary market for non-performing loans (non-binding, EU)
Design and set-up of centralised Asset Management Companies (non-binding, EU)
Fourth Progress Report on the Reduction of Non-Performing Loans in Europe (non-binding, EU)
EBA Opinion on the regulatory treatment of non-performing exposure securitisations (non-binding, EU)
Guidelines for sales of non-performing loans on secondary markets (binding, EU)

Source: EU, Reducing Risk in the Banking Union: Commission presents measures to accelerate the reduction of non-performing loans in the banking sector, 2018