Secondary Loan Market

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href="https://acc.aima.org/regulation/secondary-loan-market/npls.html" >Non-Performing Loans (NPLS)</a> </li> <li class="" > <a class="" href="https://acc.aima.org/regulation/secondary-loan-market/securitisation.html" >Securitisation</a> </li> </ul> </li> <li class="" > <a class="" href="https://acc.aima.org/regulation/tax-eu.html" >Tax (EU)</a> </li> <li class="" > <a class="" href="https://acc.aima.org/regulation/tax-global.html" >Tax (Global)</a> </li> <li class="" > <a class="" href="https://acc.aima.org/regulation/tax-uk.html" >Tax (UK)</a> </li> <li class="" > <a class="" href="https://acc.aima.org/regulation/tax-us.html" >Tax (US)</a> </li> </ul> </div>  </div>  </aside> <section class="col-xs-12 col-md-9"> <div class="social-media-wrapper"> <ul class="social-media mod-square" > <li><a class='st_facebook_custom' ><span displayText=''><span class="font-icon font-icon-facebook"></span></span></a></li> <li><a class='st_twitter_custom' ><span displayText=''><span class="font-icon font-icon-twitter"></span></span></a></li> <li><a class='st_linkedin_custom' ><span displayText=''><span class="font-icon font-icon-linkedin"></span></span></a></li> </ul> </div> <h1>Secondary Loan Market</h1> <p> </p> <p>Learn more about the ACC's work on the following topics by clicking below: </p> <div class="widget mod-toc mod-bordered"> <div class="row"> <div class="col-xs-12 col-sm-4 col-md-4"> <article class="articles-entry"> <div class="articles-entry-img"> <a href="https://www.aima.org/regulation/keytopics/secondary-loan-market/securitisation.html" title="Securitisation"> <img src="https://www.aima.org/static/e8239256-93f6-4715-8adf2cc9c5fede1c/articleimage_dee861f2a161c3e080f4df5f6828b82e/EU-Securisation.jpg" /> </a> </div> <div class="articles-entry-details"> <h3 class="articles-entry-details-title"> <a href="https://www.aima.org/regulation/keytopics/secondary-loan-market/securitisation.html" title="Securitisation">Securitisation</a> </h3> <p class="articles-entry-details-teaser">Securitisation is a core feature of capital markets. It provides a mechanism by which illiquid loans originated by banks and finance companies are transferred to capital market investors. A reformed securitisation framework will help reduce the EU鈥檚 over-reliance on bank funding, while preserving the financing of the European economy. The UK is also consulting currently on potential reforms to its securitisation requirements.</p> </div> </article> </div> <div class="col-xs-12 col-sm-4 col-md-4"> <article class="articles-entry"> <div class="articles-entry-img"> <a href="https://www.aima.org/regulation/keytopics/secondary-loan-market/npls.html" title="NPLs"> <img src="https://www.aima.org/static/0e31b43a-2dc9-478d-a4721402d9ade98e/articleimage_dee861f2a161c3e080f4df5f6828b82e/Non-performing-loans.jpg" /> </a> </div> <div class="articles-entry-details"> <h3 class="articles-entry-details-title"> <a href="https://www.aima.org/regulation/keytopics/secondary-loan-market/npls.html" title="NPLs">Non-Performing Loans (NPLs)</a> </h3> <p class="articles-entry-details-teaser">Non-performing loans (NPLs) are loans where the borrower is unable to make the scheduled payments to cover interest or capital reimbursements. In light of the economic impact of the ongoing COVID-19 pandemic, the volume of NPLs in Europe is likely to grow significantly. High levels of NPLs on banks balance sheets restrict their ability to issue new capital to businesses. A well-functioning secondary market for NPLs would serve to mitigate this outcome.</p> </div> </article> </div> </div> </div> <p> </p> <p> </p> </section> </div> </div> </div> </div> </div>  <footer id="subhead" class="site-footer"> <div class="partners"> <div class="container"> <div class="row"> <div class="col-xs-12"> <h2 class="u-aligned-center">Sponsoring Partners of ACC</h2> </div> </div> <div class="row"> <div class="col-xs-12"> <div class="partners-item" style="width: 25%;"> <a href="https://www.aoshearman.com/en" target="_blank"> <img src="https://www.aima.org/static/bc2e19aa-2be2-41e1-b63e881693e6d0b9/0ec22fb2-9743-404b-a3d3a7c23eccbde7/sponsorlogo_788576a96a17aa33244f2e1d7ca69768_f719d893132e/a-o-shearman.jpg" alt="A&O Shearman"> </a> </div> <div class="partners-item" style="width: 25%;"> <a href="http://www.citco.com" target="_blank"> <img 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