About this initiative

Reference
COM(2018)135
Type
Full title

Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on credit servicers, credit purchasers and the recovery of collateral

Department
Directorate-General for Financial Stability, Financial Services and Capital Markets Union
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Give your feedback

Feedback period
14 March 2018 - 8 June 2018
Feedback status: Closed

The Commission would like to hear your views.

All feedback

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Recent feedback

  • Arrow Global Group (United Kingdom)
    8 June 2018 Company/business organisation
    Arrow Global Group (United Kingdom)

    Please see attached document.

  • Intesa Sanpaolo S.p.A. (Italy)
    8 June 2018 Company/business organisation
    Intesa Sanpaolo S.p.A. (Italy)

    Intesa Sanpaolo supports the Commission’s proposal which aims at boosting NPL secondary markets and at increasing protection of secured creditors from business borrowers’ default. However, a number of issues in the proposed Directive are still unaddressed and remain a source of concern for Intesa Sanpaolo along with other market participants. Please refer to the attached document for our key messages and detailed comments.

  • Fédération Bancaire Française (France)
    8 June 2018 Business association
    Fédération Bancaire Française (France)

    We welcome the proposal: to remove national restrictions to the transfer of risks by EUcredit institutions to non-banks;allowing the possibility for creditors and borrowers to agree upon an accelerated extra judicial collateral enforcement mechanism in order to shorten recovery periods to the extent it remains optional. It is very important that the proposal does not create adverse effects that would disrupt the current functioning of the...

  • EOS Group (Germany)
    8 June 2018 Company/business organisation
    EOS Group (Germany)

    Please find the feedback of the EOS Group in the attached document.

  • European Savings and Retail Banking Group (Belgium)
    8 June 2018 Business association
    European Savings and Retail Banking Group (Belgium)

    Dear Sir/Madam, Thank you for the opportunity to provide our feedback to the Commission’s “Have your say” initiative on credit servicers, credit purchasers and the recovery of collateral. You will find below a short exceprt from our position (the full document is attached to this submission). I. Preliminary remarks The European Commission published its Proposal for a Directive on credit servicers, credit purchas-ers and the recovery of...

  • Association for Financial Markets in Europe (United Kingdom)
    8 June 2018 Business association
    Association for Financial Markets in Europe (United Kingdom)

    AFME welcomes the European Commission’s legislative proposals for further development of a secondary market for NPLs, as well as measures intended to provide more certainty on loan recovery proceedings and improve times associated with such recoveries. AFME supports the intention to create a common set of rules for developing a true European market for NPLs, creating a common framework for conduct, and supervisory standards, of credit...

All feedback (22) >