+129. For the purpose of Article 88(1) of Directive 2013/36/EU, institutions should document data on …

129. For the purpose of Article 88(1) of Directive 2013/36/EU, institutions should document data on …

For the purpose of Article 88(1) of Directive 2013/36/EU, institutions should document data on loans40 to members of the management body and their related parties properly, including at least:

  • a. the name of the debtor and their status (i.e. member of the management body or related party) and regarding loans to a related party, the member of the management body to whom the party is related and the nature of the relationship to the related party;
  • b. the type/nature of loan and the amount;
  • c. the terms and conditions applicable to the loan;
  • d. the date of approval of the loan;
  • e. the name of the individual or body and its composition taking the decision to approve the loan and the applicable conditions;
  • f. the fact (yes/no) as to whether or not the loan has been granted at market conditions; and
  • g. the fact (yes/no) as to whether or not the loan has been granted at conditions available to all staff.

40 See also EBA Guidelines on loan origination, available under: https://eba.europa.eu/regulation-and-policy/credit-risk/guidelines-on-loan-origination-and-monitoring

1. Overview

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1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
  • EBA -

    EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

    DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.