39. Within their credit risk policies and procedures and building on the credit risk strategy …

Within their credit risk policies and procedures and building on the credit risk strategy, institutions should also take into account principles of responsible lending. In particular:

• a. they should consider the specific situation of a borrower, such as the fair treatment of borrowers that are in economic difficulties;
• b. they should design credit products that are offered to consumers in a responsible way.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/