+96. Institutions and creditors should, in line with the relevant consumer protection legislation …
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96. Institutions and creditors should, in line with the relevant consumer protection legislation …
Institutions and creditors should, in line with the relevant consumer protection legislation, assess the borrower’s ability and prospect to meet the obligations under the loan agreement, covering, in particular, an assessment of the borrower’s source of repayment capacity, taking into account specificities of the loan, such as nature, maturity and interest rate.
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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