Implementation of new ECB rules on NPLs may be delayed

Daniele Nouy addresses the European Parliament

The implementation of the European Central Bank’s plan to reduce the volume of non-performing loans (NPLs) in European banks and prevent the build-up of more may take longer than previously thought.

“A few additional months are probably needed,” Daniele Nouy, chair of the supervisory board at the ECB, said today (November 30) in a public hearing, part of a consultation on the NPL guidance that will run until December 8. The rules had been expected to come into force on January 1, 2018, but have

To continue reading...

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 indvidual account here: