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4 December 2017 — Consultation Response

ECB’s guidance to banks on non-performing loans

Accountancy Europe responded to the ECB guidance to banks on non-performing loans (NPLs). We understand that the purpose of the addendum is to foster a more timely provisioning practice for new NPLs from 2018 onwards in order to avoid an increase of NPLs in the future. We suggest to review the Addendum to ensure that it clearly refers to supervisory expectations regarding regulatory capital calculations only.