BANK 4.8.6 Guidance

Favourable terms could relate to interest rate, credit assessment, tenor, fees, amortisation schedule and need for collateral. An exception for beneficial terms could be appropriate if it is part of an employee's remuneration package (for example, more favourable loan rates to employees).

Derived from QFCRA RM/2014-2 (as from 1st January 2015).