+230. Foreclosed assets received should be valued at the lower of: a) the amount of the financial …
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230. Foreclosed assets received should be valued at the lower of: a) the amount of the financial …
Foreclosed assets received should be valued at the lower of: - a) the amount of the financial assets applied, treating the asset foreclosed or received in payment of debt as collateral;
- b) the fair value of the repossessed asset, less selling costs.
1. Overview
1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
| Source |
Requirement |
3. Related Standards
Standards
| Source |
Requirement |
- EBA - Published by the European Banking Authority at https://www.eba.europa.eu/
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