197. The credit decision should clearly articulate a maximum period for its validity. If an …

The credit decision should clearly articulate a maximum period for its validity. If an approved transaction is not executed within this period, a new credit proposal should be submitted for approval. Where relevant, due account should be taken in the provisions of Article 14(6) of Directive 2014/17/EU on the duration of the binding offer.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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