+164. Institutions should assess any guarantees, covenants, negative pledge clauses and debt service …
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164. Institutions should assess any guarantees, covenants, negative pledge clauses and debt service …
Institutions should assess any guarantees, covenants, negative pledge clauses and debt service agreements that are used for the purposes of risk mitigation. Institutions should also consider if the value of the collateral is in some way correlated with the borrower’s business or capacity to generate cash flow.
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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