In this context, we welcome initiatives – such as this – to connect the market, policy, and supervisory discussions on this topic and promote a dialogue between respective professional communities to define a shared agenda for NPL workout and resolution. 5.
Conclusion To conclude, we were given a clear mandate to deliver a consistent supervisory approach to the treatment of non-performing loans across the euro area. The Guidance delivers on this objective, by setting the standard for NPL management going forward. It ensures supervisors have the necessary tools available to them, and banks have the necessary capacity to tackle NPL problems.