221. When monitoring property values as laid down in Article 208(3) of Regulation (EU) No 575/2013 …

When monitoring property values as laid down in Article 208(3) of Regulation (EU) No 575/2013, institutions should, for the purposes of these guidelines, also set up policies and procedures specifying the approach and the frequency of monitoring of immovable property collateral. These policies and procedures should account, when relevant, for the following elements:

• a. the type of property;
• b. the credit quality of the loan secured by property;
• c. the development status of the property;
• d. the value of the property;
• e. assumptions made in the appraisal;
• f. changes in market conditions.

1. Forbhreathnú

1.1 Tagairtí

• Airteagal 208 3.

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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