EBA publishes Guidelines on legislative and non-legislative moratoria on loan repayments applied in the light of the COVID-19 crisis
Industry News | 02/04/20
The European Banking Authority (EBA) has published its final Guidelines on legislative and non-legislative moratoria on loan repayments applied in the light of the COVID-19 crisis. The Guidelines give detail on the criteria to be fulfilled by legislative and non-legislative moratoria applied before 30 June 2020. These guidelines further clarify which legislative and non-legislative moratoria do not trigger forbearance classification, while in all other cases the assessment must be done on a case-by case basis.
