EBA published Version 1.1 of the standardized non-performing loan (NPL) data templates that are aimed to facilitate the NPL sale transactions across EU. The standardized set of NPL data templates provide a common data set for screening, financial due diligence, and valuation during NPL transactions in EU.
The revised version of the NPL templates include amendments in data fields, a redesign of the related legal fields, and other editorial changes for improving the effectiveness and usability. The published package also contains a document presenting a summary of the changes to Version 1.0 of EBA NPL templates. The revised templates include minor changes following the feedback received from the testing of the original version that was published in December 2017.
Keywords: Europe, EU, Banking, NPL, NPL Templates, Reporting, Version 1.1, EBA
Previous ArticleEC Proposes to Reinforce Role of EBA in AML Supervision
FSB finalized the toolkit of effective practices to assist financial institutions in their cyber incident response and recovery activities.
HKMA urged authorized institutions to take early action to adhere to the IBOR Fallbacks Protocol, which ISDA is expected to publish soon.
FSB published a global transition roadmap for London Inter-bank Offered Rate (LIBOR).
HM Treasury published a document that summarizes the responses received from a consultation on the approach of UK to transposition of the revised Bank Resolution and Recovery Directive (BRRD2).
HM Treasury published the government response to the feedback received on the consultation for updating the prudential regime of UK before the end of the Brexit transition period.
In a recent statistical notice, BoE announced publication of the reporting schedule for statistical returns for 2021.
EC welcomed the joint declaration by 25 EU member states on building the next generation of cloud in Europe.
PRA published the final policy statement PS22/20, which contains the updated supervisory statement SS12/13 on counterparty credit risk.
FSB published an update on its work to address market fragmentation. FSB is working in this area in collaboration with the other standard-setting bodies.
EBA proposed revisions to the guidelines on major incident reporting under the second Payment Service Directive (PSD2).