Regulatory Alerts2022-03-09
Instruction No. 2022-I-04 of March 9, 2022, on the publication by land credit companies and housing finance companies of information relating to the quality of financed assets and their outstanding amounts
The Prudential Control and Resolution Authority issued Instruction No. 2022-I-04 to mandate land credit companies and housing finance companies to publish detailed reports on the quality and maturity structure of their financed assets. The regulation requires these entities to submit quarterly data covering secured loans, public exposures, market risks, and liquidity coverage to the Authority and to disclose specific metrics in legal bulletins or on their websites. This instruction repeals previous guidelines from 2011 and 2000 to standardize transparency regarding asset quality and refinancing obligations effective July 8, 2022.
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