EBA Guidelines on payments moratoria


The European Banking Authority has renewed its guidelines on legislative and non-legislative moratoria taking into account the impact of the second COVID-19 wave and the related government restrictions in many EU Member States.


The revised guidelines include two revisions to ensure continued availability of credit.  The revised guidelines  can be seen here and will apply until 31 March 2021.


The major revisions are:

  • Only loans that are suspended, postponed or reduced under general payment moratoria for not more than nine months in total, including previously granted payment holidays, can benefit from the application of the revised guidelines.
  • Credit institutions are requested to notify their relevant supervisor of their plans for assessing unlikeliness to pay for the exposures subject to the general payment moratoria.


Source: EBA News & press


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