On Oct. 8, ISR CB detailed updates to directive on quarterly reports.
ISR CB advised issued circular on its decisions to update directive 878 Quarterly report on data on housing loans, with details on instructions for reporting to supervision.
Follows ISR CB Jun. 2022, proposed rules for directive implementation, see #140668.
Summary
Amendment includes an additional clause on the borrower's identification number, and is intended to enable a more comprehensive and detailed picture of credit granted.
Includes new line on whether property pledged on loan was bought from a contractor.
Plus changes to numbering and identification details for borrowers taking out loans.
Includes whether: the borrower is resident of Israel; date of birth must be reported.
