Abstract
This article investigates work-out agencies as resolution tools for non-performing loans, specifically by reference to the Irish example of NAMA. Work-out agencies such as NAMA were used during the 2008 crisis and are now present in the BRRD and SRM. From NAMA’s example, this article argues that work-out agencies should be public in nature, operating locally and established on temporary grounds.
| Original language | English (Ireland) |
|---|---|
| Pages (from-to) | 177-186 |
| Journal | Journal of International Banking Law and Regulation |
| Volume | 37 |
| Issue number | 5 |
| Publication status | Published - 2022 |
Keywords
- EU law; Ireland; NAMA; Special resolution regime; Workouts
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