# The Bank of England Act 1998 (Macro-prudential Measures) Order 2015, Article 3: Macro-prudential measures


The measures listed in the first column of the table (and any measures falling within a listed measure) are prescribed in relation to the regulator specified in the second column of the table.
Macro-prudential measure
Regulator
A measure to require regulated persons who enter into relevant mortgage contracts to ensure that no more than a specified proportion of relevant mortgage contracts entered into after the date of a direction made with reference to this order have a loan-to-value percentage greater than the maximum loan-to-value percentage specified in the direction.
PRA or FCA
A measure to require regulated persons who enter into relevant mortgage contracts to ensure that no more than a specified proportion of relevant mortgage contracts entered into after the date of a direction made with reference to this order have a debt-to-income ratio greater than the maximum debt-to-income ratio specified in the direction.
PRA or FCA

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Source: https://www.legislation.gov.uk/ukdsi/2015/9780111129364/article/3 (the official version)
Page: https://openlegislation.uk/draft-bank-of-england-act-1998-macro-prudential-measures-order-2015/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.