Regulatory Alerts2022-12-22
CSSF Circular 22/824: Application of EBA Guidelines on Loan Origination and Monitoring
The Commission de Surveillance du Secteur Financier issued Circular 22/824 to implement the European Banking Authority's Guidelines on Loan Origination and Monitoring. This directive requires credit institutions to align their lending practices with the specified standards for loan origination and monitoring processes. The document serves as the primary regulatory reference for compliance with these European guidelines within the Luxembourg financial sector.
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