EBA: Draft guidelines on creditworthiness assessment
12 Dec 2014 (UPDATED: 13 Mar 2026)
International
1 min read
EBA has published this consultation paper on draft guidelines on creditworthiness assessment under the Mortgage Credit Directive. These provide details on how creditors across the EU should assess and verify consumers' creditworthiness before concluding credit agreements for immovable residential properties. Responses are required by 12 February 2015. EBA expects to publish the final guidelines in Q2 2015 and these would apply from the transposition date of the MCD of 21 March 2016.