Securitisation & Structured Finance

October 03 2017
Andrea Giannelli New business opportunities for securitisation SPVs

Italy - Legance Avvocati Associati

New business opportunities have emerged following recent changes to the Securitisation Law. Until recently, securitisation special purpose vehicles (SPVs) were prohibited from playing an active role in the management of distressed debts which they purchased in the context of a securitisation transaction. The new rules offer securitisation SPVs a wider set of tools and foster the growth of the market for non-performing loans across various asset classes.

Authors: Andrea Giannelli, Vittorio Pozzi
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