Progressively, though, mortgage lenders understand that society will insist that lenders do not abuse the voting rights that they have been granted in the legislation on personal insolvency arrangements. That the sustainability of restructures is improving is evidenced by the sharp drop in re-entry into arrears following restructures that have been negotiated in the past couple of years.
Payments are undergoing fundamental change, driven by the digital revolution and its impact on the demand for new forms of payment, the provision of innovative payment services and the response of public authorities. Central banks have a key stake in the digital transition of payments and are adapting their policies to ensure that payments remain resilient, efficient and inclusive.