La Direttiva SMD e l’“esenzione” per le operazioni di cartolarizzazione
03-04-2025
Article by Paolo Carrière Della Giusta.
The SMD Directive introduces a new regulatory framework for the management of non-performing loans, but the Italian implementation decree excludes securitization transactions under Law 130/99 when the purchaser is a special purpose vehicle compliant with EU Regulation 2017/2402.
Paolo Carrière Della Giusta