Regulatory Alerts2019-07-15
Added · Updated
EBA Guidelines on the Management of Non-Performing Exposures and Restructured Exposures (EBA/GL/2018/06)
Supervised credit institutions must adopt necessary measures to comply with the EBA Guidelines on the management of non-performing exposures and restructured exposures, which entered into force on June 30, 2019. These guidelines cover risk management for non-performing exposures, reduction plans, and governance processes related to monitoring, recovery, and restructuring. Institutions are required to follow these lines of guidance as a complement to the General Regime of Credit Institutions and Financial Companies under current legislation.
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