Regulatory Alerts2020-02-19
Amendment of Circular CSSF 18/703 on Semi-Annual Reporting of Borrower-Related Residential Real Estate Indicators
The CSSF issued Circular 20/737 to amend Circular 18/703 regarding the semi-annual reporting of borrower-related residential real estate indicators. This regulatory update modifies the existing framework to ensure accurate and timely data collection on residential real estate exposures. The amendment aims to enhance the monitoring of credit risks associated with residential real estate lending within the financial sector.
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