Regulatory Alerts2020-02-19
Regulation on the Application of Guidelines on Passport Notifications for Credit Intermediaries under the Mortgage Credit Directive
The Governing Board of the Bank of Slovenia issued this regulation to formally apply the European Banking Authority's Guidelines on passport notifications for credit intermediaries to its supervisory activities. The measure requires the Bank, acting as the competent authority under the Consumer Credit Act, to fully incorporate these guidelines when exercising powers over credit intermediaries providing services in other Member States. This ensures compliance with EU requirements for notifying host Member States and updating public registers regarding the cross-border provision of residential mortgage credit intermediation.
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