Code of Conduct Guide of the Central Bank of Cyprus

“The Code of Conduct Guide for handling Borrowers in financial distress was issued by the Central Bank of Cyprus in April 2015. The Guide summarizes the major provisions of the Code for each of the six stages of the loan restructuring process in order to help borrowers to understand both the rights and responsibilities when dealing with the credit institution for restructuring their debt.

The Code was first published in September 2013 and subsequently revised by the new Code that came into force on 3 April 2015. The new Code is included in Annex 2 of the Arrears Management Directive of 2015 of the Central Bank of Cyprus.”


For the "Code of Conduct Guide of the Central Bank of Cyprus" click here.