ISSUES REGARDING THE DISSEMINATION OF INFORMATION IN THE CREDIT RISK CENTER TO THE REVIEWED PERSON

Rodica Diana Apan ()
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Rodica Diana Apan: ãDimitrie CantemirÓ Christian University of Bucharest, Faculty of Law, Cluj Napoca; Lawyer Cluj Bar Association, Romania

Perspectives of Law and Public Administration, 2022, vol. 11, issue 2, 260-267

Abstract: In the field of credit for consumption, the priority is, in granting the loan, to stave off the temptation of potential borrowers to borrow for the purchase of a large number of goods and services, as well as that of professional creditors, to enforce their own clientele by granting loans. The aspects shown in ut supra had as a consequence the elaboration of some systems for the substantiation of the decision to grant the loan or the one to refuse to grant it, based on an analysis carried out by the creditor both in his interest and that of the debtor. This is because, for the first, the risk of non-recovery of the loan is reduced, and for the second, the risk of non-repayment of the loan or of over-indebtedness is reduced.This article analyzes the regulation in the field of Central Credit Risks and, the analysis perspective is a novel one: to what extent the benefit of disseminating the information registered in the CRC to the declarants - credit institutions on their own initiative or at the request of the latter, it would be necessary to extend it to the reviewed persons - natural or legal persons to whom credit has been granted. The present study represents a plea for any situation of dissemination by the CRC of the information registered here to the declarants - credit institutions, to be distributed, at the same time, to the persons reviewed - natural or legal debtors, on the grounds of informing them in order to protect against the risks of nonrepayment of the loan and over-indebtedness.

Keywords: central credit risks; the reporting person, the reviewed person; credit risk; over-indebtedness. (search for similar items in EconPapers)
JEL-codes: K23 K35 (search for similar items in EconPapers)
Date: 2022
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