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Division 2.2.5 Minimum requirements for purchased receivablesF1

United Kingdom Repealed

Original text. Later amendments are not shown.

  1. Legal certainty
  2. Effectiveness of monitoring systems
  3. Effectiveness of work-out systems
  4. Effectiveness of systems for controlling collateral, credit availability, and cash
  5. Compliance with the credit institution's internal policies and procedures

Annotations

Textual amendments

F1

Repealed by Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (Text with EEA relevance).