Regulatory Alerts2020-03-03
Instruction No. 2020-I-02 of 21 February 2020 amending Instruction No. 2011-I-14 of 29 September 2011 on the supervision of risks on housing loans in France
The Prudential Control and Resolution Authority (ACPR) amends the framework for supervising housing loan risks by replacing the CREDITHAB reporting table and updating submission rules. The new requirements enter into force on 1 March 2020 for existing filers and 1 July 2021 for new filers, with transitional provisions allowing Excel submissions for early 2020 data. The instruction also specifies that central bodies must submit aggregated data for affiliated credit institutions and grants derogations for overseas departments and effort ratio breakdowns.
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