Italian State Guarantee For NPL Securitisations: Implementing Decree Is Approved

Decree of the Ministry of Economy and Finance containing implementing provisions (the "Implementing Decree") for State guarantees for securitisations of non-performing loans (Garanzia Statale sulla Cartolarizzazione delle Sofferenze) ("GACS") was...
By: Orrick, Herrington & Sutcliffe LLP

Orrick, Herrington & Sutcliffe LLP