Article 4
Information granularity, completeness, and accuracy
1. Credit institutions shall provide information for all data fields that are marked as mandatory in the data glossary set out in Annex II, except where those data fields are not applicable pursuant to the criteria specified in the instructions set out in Annex III, and with the exception of information concerning all of the following transactions:
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(a) |
sales or transfers of a single non-performing credit agreement or non-performing credit agreements towards a single borrower; |
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(b) |
sales or transfers of non-performing credit agreements under or forming a part of syndicated credit agreement facilities; |
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(c) |
sales or transfers of non-performing credit agreement where the borrower is not domiciled in the Union, or has no registered office in the Union; |
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(d) |
sales or transfers of non-performing credit agreements by a credit institution to an undertaking which is a member of the same group as defined in Article 4(1), point (138), of Regulation (EU) No 575/2013; |
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(e) |
sales or transfers of non-performing credit agreements that the credit institution previously acquired from an entity other than a credit institution established in the Union and subject to the requirements of Regulation (EU) No 575/2013; |
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(f) |
sales or transfers of unsecured non-performing credit agreements where a borrower is a natural person and where such credit agreements do not fall under the scope of Directive 2008/48/EC. |
2. Credit institutions shall make reasonable efforts to provide information for the data fields that are not marked as mandatory in the data glossary set out in Annex II with exceptions for the transactions specified in paragraph 1, points (a) to (f).