Regulatory Alerts2011-06-17
Added · Updated
Reverse Mortgage Programme
The regulator issued this circular on June 17, 2011, to establish detailed guidance and return reporting requirements for the Reverse Mortgage Programme. It applies to all Authorized Institutions and addresses capital adequacy for credit risk in non-securitization exposures alongside property mortgage lending management. The document mandates specific compliance measures through its annexes to ensure prudent risk management in reverse mortgage activities.
CIR
Current
Issue Date:
17 Jun 2011
20110617-2-EN.pdf (41.8 KB)
Topic:
Capital Adequacy - Credit Risk (non-securitization exposures)
Credit Risk Management - Property mortgage lending
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Annex
Current
17 Jun 2011
Annex 1 - Detailed Guidance relating to Reverse Mortgage Programme
Annex
Current
17 Jun 2011
Annex 2 - Return Reporting relating to Reverse Mortgage Programme
Annex
Current
17 Jun 2011
Annex 1 - Detailed Guidance relating to Reverse Mortgage Programme
Annex
Current
17 Jun 2011
Annex 2 - Return Reporting relating to Reverse Mortgage Programme
Cross referenced Document
Version History
Superseded Document
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