Sufficient and timely information makes the management of non-performing assets less costly, increasing their value; harmonization at European level would facilitate cross-data analysis, with positive effects on the prices and speed of the transactions. The new reporting on bad loans that we introduced last year is a step in this direction, inducing banks to manage these exposures more actively and effectively.
Supervisors are mindful of the need to refrain from imposing blanket sales of non-performing loans, which de facto lead to a transfer of resources BANCA D’ITALIA  The Governor’s Concluding Remarks Annual Report 2016  13  from Italy’s banks to a handful of specialized investors.