CSSF published Circular 20/737 in relation to the semi-annual reporting of borrower-related residential real estate, or RRE, indicators. The objective of Circular CSSF 20/737 is to modify Circular CSSF 18/703 and to inform about an update to the data collection template. The Annex to Circular CSSF 20/737 presents the changes under a "track changes" format.
Circular CSSF 18/703 introduced a semi-annual reporting of borrower-related residential real estate indicators, including definitions of these indicators and a template to be used for the collection of these indicators. The Circular CSSF 20/737 modifies the data collection template, which can be found on the CSSF website. The circular specifies that CSSF will collect the residential real estate data semi-annually, in the months of April and October each year. The reference date for the data collection will be the December 31 and June 30, respectively.
Related Link: Circular CSSF 20/737 (PDF)
Keywords: Europe, Luxembourg, Banking, Residential Real Estate, Reporting, Data Collection, Credit Risk, CSSF
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