About this consultation

Consultation period
10 July 2017 - 20 October 2017
Banking and financial services

Responses to this consultation

Consultation outcome

We have received 60 responses and thank all those who have contributed to this consultation.

The summary of responses will be published below at a later stage.

Target group

All citizens and organisations are welcome to contribute to this consultation. Group include, but are not limited to, public authorities, citizens, legal professionals, market participants and borrowers. Some of the questions of the first section are more specifically targeted to participants in markets for secondary loans. Respondents are invited to provide evidence-based feedback and specific operational suggestions to questions raised in both sections. Do not feel obliged to answer the complete questionnaire. Please select those questions which you deem relevant to answer. In doing so, please be as succinct and concrete as possible.

Objective of the consultation

The Commission seeks feed-back from stakeholders via a public consultation in order to inform its work on legislative measures with the aim to remove or reduce impediments of secondary markets for non-performing loans and thereby facilitate their development. Moreover the Commission seeks feedback regarding a possible legislative initiative to strengthen the ability of creditors to recover value from secured loans to corporates and entrepreneurs. More specifically, the Commission seek stakeholders' views on an EU new security right called "accelerated loan security".

How to submit your response

Please note that in order to ensure a fair and transparent consultation process only responses received through the online questionnaire will be taken into account and included in the report summarising the responses.

Reference documents

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