A public consultation has recently been launched on a draft addendum to the ECB guidelines considering the introduction of mechanisms that set compulsory minimum write-downs, increasing over time, on loans that will be classified as non-performing.
Outside of these meetings, we also look forward to receiving written comments in which you can elaborate on how to improve our regulations in more detail than we can cover in the time we have today. We understand that the sizes of depository institutions vary, that they operate through different business models, and that they manage different risks.