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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 8 July 2022 - onwards
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38A. Reporting requirements - designated mortgage credit institution

(1) A designated mortgage credit institution shall report the information specified in subsection (2) to the Authority -

(a) on a quarterly basis, and

(b) when requested by the Authority.

(2) The information referred to in subsection (1) is information on the following:

(a) the conditions for extendable maturity structures, in accordance with section 29A;

(b) the eligibility of assets and cover pool requirements, in accordance with sections 30 to 37, 39A, 58A and 58C;

(c) the coverage requirements, in accordance with sections 32 and 33;

(d) the cover pool liquidity buffer, in accordance with section 32A;

(e) the segregation of cover assets, in accordance with sections 38 and 83;

(f) where applicable, the functioning of the cover pool monitor, in accordance with Part 5.

(3) Subsection (1) shall also apply in the event of the insolvency or resolution of a designated mortgage credit institution.

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