The Directive (EU) 2021/2167, which governs the access of credit servicers and purchasers of non-performing loans (NPLs) to the European market, has been transposed—through different approaches and timelines—by most Member States.
The objective of this regulation, consistent with the European Commission’s ambition to build a single market for NPLs, is to facilitate the management of non-performing exposures by increasing their liquidity and improving the efficiency of disposal processes by credit institutions.
However, the new regulatory framework, which introduces specific requirements for servicing activities and the purchase of distressed debt, has sparked a broad debate among market players and industry analysts.
A key question remains unanswered: are the new rules truly contributing to the creation of a more transparent, competitive, and harmonized market, or are they instead becoming an obstacle to the circulation and valorization of NPLs?
The transposition of the Directive reflects the strong heterogeneity of local markets. Each country faces a different level of regulatory and operational maturity, and as a result, the impact of the new provisions is highly uneven.
To explore these aspects and to analyze—through a comparative lens—the challenges and opportunities that the Secondary Market Directive is generating across the main European markets, Credit Village has decided to organize a webinar dedicated to this topic, scheduled for Tuesday, January 21, 2025, from 12:00 to 13:15 (CET).
The event will bring together national and international experts, industry associations, and international players to assess the Directive’s actual ability to harmonize national markets and foster the creation of a more integrated and efficient European NPE ecosystem.