BEGIN:VCALENDAR
PRODID:-//Session events Calendar//IBA//EN
CALSCALE:GREGORIAN
VERSION:2.0
BEGIN:VEVENT
DTSTAMP:20260414T202806Z
DTSTART:20230511T084500Z
DTEND:20230511T100000Z
SUMMARY:Loan portfolio sales – servicing regulation and secondary markets
 
DESCRIPTION:Loan sales have been used by banks as an important tool to cl
 ean up their balance sheets since the 2007–2008 financial crisis. Regula
 tors have encouraged these sales aiming to drive down banks’ non-perform
 ing loan (NPL) ratios. Private equity funds have invested hundreds of bi
 llions of euro in this asset class giving rise to customer protection co
 ncerns because these funds are perceived to have different strategic aim
 s compared to traditional bank lenders. In a fast-changing interest rate
  environment in 2023\, increased volumes of loan sales are expected.\nTh
 is panel will discuss how loan sale transactions have evolved in differe
 nt jurisdictions and what we might expect into the future. In particular
 \, the panel will focus on the extent to which financial services regula
 tion is shaping the market\, including the regulation of non-bank credit
  servicers.
LOCATION:Verdi Room\, Dom Pedro Lisbon
UID:e0499661-143f-4e94-856b-e150c97d3d4b
END:VEVENT
END:VCALENDAR