Regulatory Alerts2022-02-23
Added · Updated
Further extension of the Pre-approved Principal Payment Holiday Scheme
The regulatory authority issued this circular on 23 February 2022 to further extend the Pre-approved Principal Payment Holiday Scheme for corporate customers. This measure addresses ongoing challenges posed by the COVID-19 pandemic by allowing authorized institutions to grant principal payment holidays to eligible borrowers. The document references the original scheme established in April 2020 and related loan classification guidelines to ensure consistent implementation across the financial sector.
CIR
Current
Issue Date:
23 Feb 2022
20220223-1-EN.pdf (256.7 KB)
Topic:
Miscellaneous - Covid-19 challenges
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
17 Apr 2020
Pre-approved Principal Payment Holiday Scheme for Corporate Customers
Annex: Pre-approved Principal Payment Holiday Scheme for Corporate Customers
GLI
Current
02 Sep 1994
Loan Classification System
Directly related Document
CIR
Current
17 Apr 2020
Pre-approved Principal Payment Holiday Scheme for Corporate Customers
Annex: Pre-approved Principal Payment Holiday Scheme for Corporate Customers
GLI
Current
02 Sep 1994
Loan Classification System
Version History
Superseded Document
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