Archives of Banking

Securitisation of loans in Cyprus

Cyprus has enacted legislation which completes its framework regulating the purchase and sale, as well as the securitisation of credit facilities. This note covers securitisations, with our parallel update covering the acquisition and sale of loans. Securitisation involves transactions that enable a lender or a creditor – typically a credit institution or a corporation – […]
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Purchasing and selling loans in Cyprus

Cyprus has enacted legislation which completes its framework regulating the purchase and sale, as well as the securitisation of credit facilities. This note covers the purchase and sale of credit facilities, while our parallel update covers securitisations. Credit facilities which can be acquired and sold consist of: any credit facility contract, including, inter alia, loans […]
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Commission’s NPL package and AMC blueprint

The European Commission has presented a package of measures to address high non-performing loan (“NPL“) ratios.  This initiative builds on the Council’s “Action Plan To Tackle Non-Performing Loans In Europe” of 11 July 2017. The Commission’s package consists of the following measures: Amendment to the Capital Requirements Regulation (EU) No. 575/2013 The Commission is proposing a […]
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