The EBA’s Guidelines on Loan Origination and Monitoring, a key response to the European Council’s Action Plan on non-performing loans, represent the new standard for loans and advances in Europe. The Guidelines aim to improve lending processes and practices, limit NPL inflows and ensure fair …The EBA has also identified loan origination as a priority for 2019, and on 19 June published a consultation paper on loan origination and monitoring. The planned guidelines take a notably pro-active approach to addressing the European Council's Action Plan on non-performing loans to promote improved underwriting standards for new loan origination as a priority for 2019, and on 19 June 2019 published a consultation paper on loan origination and monitoring. The EBA’s draft Guidelines on loan origination and monitoring (‘the Guidelines’) are one of the most pro-active responses yet to the European Council’s ActionSummary 19/06/2019. The European Banking Authority (EBA) launched today 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 Clock is ticking – EBA draft Guideline on Loan Origination and Monitoring Following this September’s public hearing on the draft Guidelines (GL) on loan origination and monitoring (EBA/CP/2019/04) at the European Banking Authority (EBA) headquarters, it is crucial for credit providers - including banks - to start implementing the GL (even before they are finalized) given the tight ;· Following this September's public hearing on the draft Guidelines (GL) on loan origination and monitoring (EBA/CP/2019/04) at the European Banking Authority (EBA) headquarters, it is crucial for credit providers – including banks – to start implementing the GL (even before they are finalized) given the tight deadline. Here's all you need to know to be ready in time.
