Rumours of an impending reform are shaking up the Italian NPL market.

If the reform is implemented along the lines of the proposed draft-law, the Italian government will put in danger the overall NPL industry, which is critical infrastructure for the country to maintain the stability of the Italian banking system during economic downturns.

Norman Pepe, Partner at iLS London – Milan, has published the following article on BeBeez to discuss his concerns about this proposed reform.