Accountancy Europe: ECB’s guidance to banks on non-performing loans

04 December 2017

Accountancy Europe responded to the ECB guidance to banks on non-performing loans. Accountancy Europe understands that the purpose of the addendum is to foster a more timely provisioning practice for new NPLs from 2018 onwards in order to avoid an increase of NPLs in the future.

Accountancy Europe suggests to review the Addendum to ensure that it clearly refers to supervisory expectations regarding regulatory capital calculations only.

Full press release

Full response to the ECB

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