Regulatory Alerts2011-06-15
Instruction No. 2011-I-07 of June 15, 2011, on the publication by land credit companies and housing finance companies of information regarding the quality of financed assets (repealed)
The Prudential Control Authority issued Instruction No. 2011-I-07 to mandate land credit companies and housing finance companies to publish detailed reports on the quality of their financed assets. The regulation requires these entities to submit annual reports and quarterly public disclosures covering secured loans, public exposures, securitization holdings, replacement values, prepayments, interest rate risk, and liquidity coverage. This instruction explicitly repealed the previous Instruction No. 2000-04 to update the transparency requirements for these financial institutions.
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