Response to consultation on draft Regulatory Technical Standards on materiality threshold of credit obligation past due

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Q2. Do you agree with the proposed maximum levels of the thresholds?

see attached document

Q3. How much time is necessary to implement the threshold set by the competent authority according to this proposed draft RTS? Given current practices, what is the scope of work required to achieve compliance?

see attached document

Q4. Do you agree with the assessment of costs and benefits of these proposed draft RTS?

see attached document

Q5. What is the expected impact of these proposed draft RTS?

see attached document

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EUF position paper on materiality thresholds for Credit Obligation Past Due.pdf (525.07 KB)

Name of organisation

EU Federation for Factoring & Commercial Finance