Nov 16, 2018 | Enabling Transactions
In this document, Credit Reference Agencies share their views on creditworthiness assessments. Those views are articulated around five principles: Principle 1. Creditworthiness assessments should meet two interconnected, primary policy objectives: reduction of...
Jul 27, 2018 | Enabling Transactions
In our feedback note on the evaluation of the Consumer Credit Directive (CCD), ACCIS invites the European Commission to evaluate how the outcomes of the creditworthiness assessment obligation provided for in the CCD compare with the outcomes of the ‘strengthened...
Jun 5, 2018 | Enabling Transactions
In our feedback note, ACCIS explains that credit servicing and credit reference activities are different and that, in our view, the text of the proposed Directive should be clarified so that CRAs and their activities are not included in the scope of this Directive. We...
May 28, 2018 | Enabling Transactions
In our response to the European Banking Authority’s Discussion Paper draft guidelines on management of non-performing and forborne exposures, ACCIS says that ‘an adequate technical infrastructure’ should enable banks’ non-performing exposures workout units (NPE WUs)...
Apr 18, 2018 | Enabling Transactions
In its short comment to the European Commission’s Roadmap concerning a Communication on EU support for capital local markets, ACCIS recalls that academic evidence and business practice support the view that credit bureaus and credit reporting service providers (CRSPs)...
Feb 26, 2018 | Enabling Transactions
In our response to the European Commission consultation ‘Building a proportionate regulatory environment to support SME listing’, ACCIS identifies two pre-conditions for facilitating access to finance and investment: (i) having adequate, sufficient and accurate...
