EU proposed measures on non-performing loans: impact on loan markets

EU proposed measures on non-performing loans: impact on loan markets

In the June edition of the Butterworths Journal of International Banking and Financial Law, Toby Mann and Julia Machin from Clifford Chance look at the the EU proposed measures on non-performing loans.

Non-performing loans (NPLs) are classed by the EU as loans with payments more than 90 days overdue or assessed as unlikely to be repaid. Various measures intended to facilitate the reduction in the number of NPLs held by European Banks and to improve the secondary market are included in a recent legislative package adopted by the European Commission and are going through the EU legislative process. The package contains some unexpected measures.

Click here to read the full article.

Related Articles:
Latest Articles:
About the author:

Neeta started her legal career at Allen & Overy in 2008 in the midst of the global financial crisis and the collapse of Lehmans where she gained most of her paralegal experience.

Neeta also did a short stint in litigation at the Revenue and Customs Prosecutions Office in 2006. Neeta graduated with a 2:1 honours degree from University of London, Queen Mary College and went on to obtain a distinction from the College of Law in the Legal Practice. She has been working at Lexis Nexis since April 2013.