Banking and Payments Authority of Timor-Leste - Instruction N. 03-2009 - On the Establishment of a Credit Registry Information System


The Banking and Payments Authority (BPA) of Timor-Leste's Instruction N. 03-2009 defines the legal regime for the creation of a credit registry information system in the country for all commercial banks and other lending entities approved by the BPA that need to assess risk when granting credit. The purpose of the Credit Registry Information System (CRIS) is to provide participating entities with information relating to existing and prospective borrowers’ credit at other participating entities with the overall objective of improving the general quality of credit in Timor-Leste.

The instruction covers the following topics:

1. Scope & Purpose of the Instruction
2. Reporting of Information
3. The Manner & Conditions of Using the Information & Data of CRIS
4. Information On Existing Borrowers
5. Right to Request Credit Data
6. Implementation of the Credit Registry Information System

Document Details

Document Type: 
Document Topic: 
Doument Author (Entity): 
Authoring Country: 
Originating Country or Trade Block: 
Issue Status: 
Year of Document: 
Date of Document: 
Friday, May 15, 2009
Document Authors: 
Banking and Payments Authority of Timor-Leste (BPA)
Language (This Document): 

Legal Disclaimer: The content appearing on this site is for general information purposes only and made available on an "AS-IS" basis. The law is subject to change and no representation or warranty is made with regard to accuracy or fitness for a particular purpose.