The consultation ran from 19 April 2023 to 19 July 2023. Fifteen responses to the consultation were received. Of these, six respondents asked that their responses be treated as confidential.
The responses most significantly centred on four topics:
• the nature of the activities carried out and the level of financial risk-taking borne by credit servicers;
• the proportionality criteria relevant to the assessment of knowledge and experience of the management organ of credit servicers;
• the areas of knowledge relevant to the conduct of the business of credit servicers; and
• the guidance on the supervisory procedures to be implemented by competent authorities.