Italian Securitisation Resources

SIGN UP

The European Central Bank (ECB) launched a public consultation on its Addendum to the Guidance to banks on non-performing loans.  The addendum supplements the NPL Guidance published on 20 March 2017 with regard to fostering timely provisioning and write-off practices. - Feedback due within Dec. 8, 2017. 

 

ECB stated “the draft addendum specifies quantitative supervisory expectations for minimum levels of prudential provisions for new NPLs. The prudential provisioning expectations will apply to all exposures that are newly classified as non-performing in line with the EBA definition as of 1 January 2018. These take into account the length of time a loan has been non-performing and the extent and valuation of collateral. More specifically, banks are expected to provide full coverage for the unsecured portion of new NPLs after 2 years at the latest and for the secured portion after 7 years at the latest.”

 

You can find the Addendum and the link to ECB public consultation webpage in the Regulation page

 

Spot the latests posts of Securitisation.it on the News page

ASSET CLASS DEAL NAME ORIGINATOR ISSUER DATE
Personal Loan Sunrise 2017/2 Agos Ducato Spa Sunrise SPV 20 S.r.l. 2017-10-16 
Personal Loan Marzio Finance Serie 1 - 2017 Istituto Bancario del Lavoro - IBL Banca Spa
Marzio Finance S.r.l. 2017-09-28 
Covered Bond UBI - Series 23/2017 Covered Bonds (OBG) under the 15,000,000,000 Programme Unione di Banche Italiane Spa
Banco di Brescia Spa - UBI Banca
Banca Regionale Europea Spa
Banca Carime Spa
Banca Popolare Commercio e Industria Spa - UBI Banca
Banca di Valle Camonica Spa
Banca San Giorgio Quinto Valle Agno - Credito Cooperativo - Soc. Coop.
Banca Popolare di Ancona Spa - UBI Banca
IW BANK S.P.A.
Banca Popolare di Bergamo Spa
Unione di Banche Italiane Scpa 2017-09-25 
Covered Bond Banco di Desio - Eur. 3 bn. Covered Bond Programme - Serie 1- 2017 Banco di Desio e della Brianza S.p.a.
Banco di Desio e della Brianza S.p.a. 2017-09-12 
RMBS 2017 Popolare Bari RMBS Banca Popolare di Bari Scpa
2017 POPOLARE BARI RMBS S.R.L. 2017-07-31 

DATE TITLE AUTHOR
2017-10-16 Italian SPVs Issue 3/17 - September 2017 - Abstract for Registered Users 130 Finance
2017-10-16 Italian SPVs Issue 3/17 - September 2017 - Full Report 130 Finance
2017-10-05 Italian Covered Bond Market - September 2017 130 Finance
2017-10-03 Italian Securitisation Market - September 2017 130 Finance
DATE TITLE REFERENCE
2017-10-04 Guidance to banks on non-performing loans - Draft Addemdum - PUBLIC CONSULTATION - Feedback due within Dec. 8, 2017 ECB European Central Bank
2017-10-01 Guidance to banks on non performing loans for Italian Less Significant Institutions (LSI) - CONSULTATION DOCUMENT - Feedback due within Oct. 20, 2017 Bank of Italy
2017-09-22 Discussion Paper on Significant Risk Transfer in Securitisation – PUBLIC CONSULTATION - Submission of comments due within Dec. 19, 2017 EBA - European Banking Authority
2017-08-24 Development of secondary markets for non-performing loans and distressed assets and protection of secured creditors from borrower's default - CONSULTATION DOCUMENT - Feedback due within Oct. 20, 2017 European Commission
Don't have an account! Sign Up Here
or