The European Parliament’s Committee on Economic and Monetary Affairs was voting, as we went to press on Monday 11 January, on the proposal for a directive to regulate the secondary markets for non-performing loans (NPLs). Its final negotiating position with the Council of the EU will not be known until Thursday 14 January.
MEPs aim to stimulate cross-border provision of services by granting a European passport to credit managers, while at the same time strengthening the protection of...