The ECB final guidance reflects market feedback and is more closely aligned to the US leveraged lending guidance.
The European Central Bank (ECB) published the long-awaited final guidance on leveraged lending on 16 May 2017. The final guidance is broadly in line with the draft published in November 2016, with a few significant adjustments in response to feedback from market participants that, among other things, eliminate some of the differences between the ECB and the US guidance.
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