Most EU members miss first covered bond deadline

Only four member states have transposed the EU’s Covered Bond Directive into national law on time. As seven are nearly there, the other 16 members will have to work hard to meet the July 2022 deadline for implementation, after which the European Commission could activate infringement procedures.

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Bibliographic Details
Published in:Global Capital 2021-07
Main Author: Thornhill, Bill
Format: Article
Language:English
Subjects:
Capital markets
Deadlines
Online Access:Get full text
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Description
Summary:Only four member states have transposed the EU’s Covered Bond Directive into national law on time. As seven are nearly there, the other 16 members will have to work hard to meet the July 2022 deadline for implementation, after which the European Commission could activate infringement procedures.
ISSN:2055-2165