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
CMBS Taurus 2018-1 IT Bank of America Merril Lynch, London
Taurus 2018-1 IT S.r.l. 2018-05-16 
Personal Loan Cars Alliance Auto Loans Italy 2018 RCI Banque - Italian Branch Cars Alliance Auto Loans Italy 2015 Srl 2018-05-09 
Personal Loan Golden Bar (Securitisation) 2018-1 Santander Consumer Bank Spa Golden Bar (Securitisation) Srl 2018-04-27 
Covered Bond BPM Covered Bond Programme Series 9/1 - 2018 Banco BPM Banco BPM S.p.A. 2018-04-26 
Covered Bond Carige - Eur 3,000,000,000 Covered Bond Programme 2016- Series 639 - 2018/1 Banca Carige Italia Spa Banca Carige Spa 2018-04-23 

DATE TITLE AUTHOR
2018-05-15 ITALIAN TRUE SALES Data Snapshot Q2 2018 April, Interim Update 130 Finance
2018-05-03 Italian Covered Bond Market - April 2018 130 Finance
2018-05-02 Italian Securitisation Market - April 2018 130 Finance
2018-04-19 Italian SPV Issue 1/2018 - March 2018 - Abstract for Registered Users 130 Finance
DATE TITLE REFERENCE
2018-05-14 Standardised Data Templates EBA NPL templates (EBA NPL transaction templates - EBA NPL portfolio screening template) Consultation Paper Draft Guidelines on disclosure of non-performing and forborne exposures - EBA/CP/2018/06 EBA - European Banking Authority
2018-05-07 Consultation Paper Draft Guidelines on the STS criteria for non-ABCP securitisation - EBA/CP/2018/05 Consultation Paper Draft Guidelines on the STS criteria for ABCP securitisation - EBA/CP/2018/04 EBA - European Banking Authority
2018-04-23 Consultation Paper - Draft Guidelines on management of non-performing and forborne exposures EBA - European Banking Authority
2018-04-09 ITALIAN SECURITISATION GUIDE - Regulatory Framework 130 Finance
Don't have an account! Sign Up Here
or