Tight deadline

Category: ABS NPLs

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PRA NPE ABS consultation to 'provide momentum'

The UK PRA’s consultation - which ended earlier this month – regarding the implementation of Basel standards in connection with non-performing loan securitisations has been welcomed by the industry. The authority is seeking to introduce a framework for non-performing exposure ABS, following the implementation last year of a revised securitisation capital framework via the CRR and the publication of the Basel Committee’s technical amendment (SCI

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