Loan Regulatory Requirement

From Open Risk Manual

Definition

Loan Regulatory Requirement. A regulatory requirement defined in regulations by a comsumer credit act or other legislation.

Presence of a loan regulatory requirement associated with a loan indicates that the loan is regulated by the UK Consumer credit act or the equivalent in continental Europe.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.