EBA consults on draft Guidelines on loan origination and monitoring

20 June 2019

On 19 June 2019, the European Banking Authority (EBA) launched a consultation on its draft Guidelines on loan origination and monitoring.

Learning from the elevated levels of non-performing exposures (NPEs) across the EU in recent years, the draft guidelines aim to ensure that institutions have robust and prudent standards for credit risk taking, management and monitoring, and that newly originated loans are of high credit quality. The draft Guidelines also aim to ensure that the institutions’ practices are aligned with consumer protection rules and AML requirements. The consultation runs until 30 September 2019.

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