Regulatory Alerts2019-06-03
Implementation of EBA guidelines on the management of non-performing exposures and restructured exposures (EBA/GL/2018/06)
The Prudential Control and Resolution Authority (ACPR) has declared conformity with the European Banking Authority's guidelines on managing non-performing exposures and restructured exposures. These guidelines are annexed to the ACPR's notice and become applicable on June 30, 2019. Credit institutions subject to ACPR supervision must make all efforts to comply with these requirements in accordance with Article 16 of Regulation (EU) No 1093/2010.
NOTICE Implementation of the European Banking Authority guidelines on the management of non-performing exposures and restructured exposures (EBA/GL/2018/06) The Prudential Control and Resolution Authority (ACPR) has declared conformity with the European Banking Authority (EBA/GL/2018/06) guidelines on the management of non-performing exposures and restructured exposures. These guidelines are annexed to this notice. These guidelines are applicable as of June 30, 2019, by credit institutions subject to ACPR supervision, which must make all efforts to comply with them, in accordance with the provisions of Article 16 of Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Banking Authority).