The financial market supervision (FMA) adheres to continue the overflowing credit rules of the so-called KIM regulation through the back door. The FMA argues with the “common sense”.
“Rules that prevent you from being able to afford your own home has nothing to do with common sense. The responsibility of creating property is reasonable, you do not have to patronize them with insurmountable hurdles. It is not the task of the financial market supervision, but to do it. We are therefore calling for ‘Kim, bound up’. The fact that young people can create their own home requires real common sense, ”said JVP general secretary Dominik Berger.
The regulation that expires at the end of June represents a non -reality hurdle for the creation of property. By circular, banks are now encouraged to maintain the rules from July 1st. An examination could be the result of violations. On July 1st, the collected signatures of the FMA are to be handed over.
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