From ACT Wiki
Asset Management Company.
EBA puts case for mammoth AMC
- "[The EBA] has put the case for a mammoth asset management entity under EU management to take on up to a quarter of the EU's non-performing loans (NPLs).
- 'The target is to move €200bn to €250bn of NPLs to the AMC.'"
- The Treasurer magazine, March 2017 p9 - Andria Enria, head of the European Banking Authority and Klaus Regling, head of the European Stability Mechanism.