Law-Now
18 Feb 2025 ·
International
Implementation of SMD Directive - new Bank of Italy rules on NPL credit servicers
1 min read
Authors
Italy implemented the Secondary Market Directive (Directive (EU) 2021/2167) on credit servicers and credit purchasers (SMD Directive) issuing Legislative Decree no. 116 dated 30 July 2024 (also known as the Italian NPL Decree), that amended the Italian Banking...
Read more