ECB criticises proposed changes to EU’s claim assignment law

Changes should put assignments under one legal jurisdiction, not three, ECB says

Euro sign, Frankfurt

The European Central Bank has called for the European Union’s institutions to rethink their proposal on how to regulate the assignation of claims.

The European Commission, the EU’s civil service, has adopted a proposal made by both the European Council, which brings together the bloc’s national governments, and the European Parliament.

In an official opinion, the ECB says the draft regulation might affect both the Eurosystem’s central banks, as the assignees of collateralised credit, and the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.