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Law-Now 18 Feb 2025 · Italy

Implementation of SMD Directive - new Bank of Italy rules on NPL credit servicers

1 min read
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...

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