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Law-Now 11 Mar 2024 · Romania

Romania adopts new rules for authorisation of credit servicers with implementation of Directive (EU) 2021/2167 on credit servicers and credit purchasers

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On 7 March 2024, Romania published Emergency Government Ordinance no. 15/2024 on credit servicers and credit purchasers (also known as the NPL Ordinance) in the Official Gazette, which implemented Directive (EU) 2021/2167 of the European Parliament and of the...

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