+13. Debt consolidation Combining multiple exposures This is usually not a viable standalone into a …
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13. Debt consolidation Combining multiple exposures This is usually not a viable standalone into a …
| Debt consolidation | Combining multiple exposures into a single exposure or a limited number of exposures. | This is usually not a viable standalone forbearance measure; it should be combined with other forbearance measures addressing existing arrears. This measure is particularly beneficial in situations where combining collateral and secured cash flow provides greater overall collateral coverage for the entire debt, for example, by minimising cash leaks or by facilitating reallocation of cash flow surplus between exposures. |
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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