You’ll have noticed! Non-Performing Loans (NPLs) are one of the hottest topics in the capital markets sphere at the moment, following the recent adoption of the relevant directive by the European Union.

Today, our Best Practice I Management & Corporate Governance subgroup is therefore pleased to share with you its Guidance Note on Securitisation of Non-Performing Loans!

A useful addition to the Guidance Notes where our Accounting and Reporting sub-group looked at the accounting policy and the different treatments that apply to these receivables (available here) and the recent launch of our dedicated NPL Directive Task Force, isn’t it!