As expected, the Financial Market Stability Board (FMSG) has decided on adjustments to the exception quotas for housing loans. Specifically, the aim is to reduce bureaucratic hurdles and make the quotas available to banks easier to use, the FMSG announced in a press release on Tuesday. To the other provisions of the KIM Ordinance (Credit Real Estate Measures Ordinance)which regulates the granting of housing loans, did not shake the committee.
KIM regulation | OTS.at
