Regulatory Alerts2021-12-21
Standard Financial Statement
This document establishes the Standard Financial Statement (SFS) as the mandatory industry form for borrowers in the MARP section to disclose their financial circumstances. It requires detailed reporting across eight sections covering personal details, primary mortgage, monthly income, household expenditure, other debts, additional properties, and other assets. Regulated entities must ensure the signature page complies with Irish and EU data protection laws and obtain borrower declarations confirming the accuracy of the provided information.
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