Regulatory Alerts2024-09-12
Addendum to the Code of Conduct on Mortgage Arrears 2013 - September 2024
The Central Bank of Ireland issued this addendum to extend the Code of Conduct on Mortgage Arrears 2013 to credit servicers operating in the State. The amendments align the Code with the European Union (Credit Servicers and Credit Purchasers) Regulations 2023 by updating the scope and definitions to include credit servicing activities. These changes, effective from 17 September 2024, redefine regulated entities to encompass providers authorized to conduct mortgage lending, credit servicing, or credit servicing activities.
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