European Central Bank 24 March 2016, Opinion of the European Central Bank of 24 March 2016 on the reform of cooperative banks, a guarantee scheme for securitisations of non-performing loans and the lending capacity of alternative investment funds (CON/2016/17)

EN ECB-PUBLIC OPINION OF THE EUROPEAN CENTRAL BANK of 24 March 2016 on the reform of cooperative banks, a guarantee scheme for securitisations of non-performing loans and the lending capacity of alternative investment funds (CON/2016/17) Introduction and legal basis On 2 March 2016, the European Central Bank (ECB) received a request from the Italian Ministry of Economic Affairs and Finance for an