Regulatory Alerts2021-01-29
Instruction No. 2021-I-02 of January 29, 2021, on the Supervision of Risks on Mortgage Loans in France
The Prudential Control and Resolution Authority issued Instruction No. 2021-I-02 to establish a monthly reporting framework for mortgage loan risks, replacing previous instructions and defining specific credit categories. The directive mandates that credit institutions submit data via the CREDITHAB table in XBRL format, with phased implementation starting March 1, 2021, for large institutions and January 1, 2022, for others. Transitional provisions allow for Excel submissions for early 2021 data before full electronic reporting begins in October 2021.
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