This consultation gives interested parties the opportunity to comment on a draft addendum to the ECB Guidance on non-performing loans (NPL Guidance).
Deadline for submitting comments: midnight CET on 8 December 2017.
Only comments received before this deadline will be considered.
The draft addendum supplements and reinforces the NPL Guidance published on 20 March 2017 with regard to timely provisioning and write-off practices.
Submit your comments by midnight CET on 8 December 2017 using this template:
Please provide relevant examples or data where appropriate.
Send your comments to: SSMPublicConsultation@ecb.europa.eu
Please put “Public consultation on the draft addendum to the ECB Guidance to banks on non-performing loans” in the subject line.
Send your comments to the following address:
European Central Bank
Secretariat to the Supervisory Board
“Public consultation on the draft addendum to the ECB Guidance to banks on non-performing loans”
60640 Frankfurt am Main
After the consultation period closes, all comments will be published on this web page along with a feedback statement. For details on how your personal data and contribution will be handled, please see the privacy statement:
The ECB will hold a public hearing at its premises in Frankfurt am Main, Sonnemannstrasse 20, on 30 November 2017, from 12:00 to 14:00 CET.
The hearing will be streamed live via this website, where it will also be available afterwards.
Danièle Nouy, Chair of the Supervisory Board of the ECB, and Sharon Donnery, Deputy Governor of the Central Bank of Ireland and Chair of the ECB Task Force on non-performing loans will hold the hearing.
Please register your interest in participating in the hearing by 24 November 2017 using this form.
For space reasons, attendance will be limited to a maximum of five persons per institution or company, subject to availability.
The deadline for registration is 24 November 2017.
If it is possible to accommodate your request, you will receive an email confirming your registration.
On the day of the hearing, access will only be granted to participants who present their registration confirmation email and a valid identification document, such as a passport or ID card (a driver’s licence will not be accepted).
Addendum to the ECB Guidance to banks on non-performing loans: supervisory expectations for prudential provisioning of non-performing exposures
FAQs - revised