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This essay takes into exam new article 7.1 of law no. 130 of 1999 introduced by Law Decree no. 50 of 2017, as amended and converted into Law no. 96 of 2017, which brought some “revolutionary”  innovations in the securitisation legal framework. The noteworthy goal of lawmakers was to intervene and endow the current financial system with more effective instruments to “actively manage” the notorious NPLs, in an attempt to offer new schemes of operation to business players. However, such a commendable purpose should not depart from a careful and weighed contemplation of equilibrium in the overall architecture of the system.

Source: Rivista di Diritto Bancario