Regulatory Alerts2020-07-21
Implementation of EBA/GL/2020/08 amending EBA/GL/2020/02 on legislative and non-legislative loan repayment moratoria applied due to the COVID-19 pandemic
The Prudential Control and Resolution Authority (ACPR) has declared conformity with the European Banking Authority's guidelines amending previous rules on loan repayment moratoria related to the COVID-19 pandemic. These consolidated guidelines are applicable to credit institutions supervised by the ACPR from April 2, 2020, until September 30, 2020. Institutions are required to take all necessary measures to comply with these guidelines in accordance with Article 16 of Regulation (EU) No 1093/2010.
Share