Glossary entry (derived from question below)
German term or phrase:
Millionenkreditmeldung
English translation:
GroMiKV Report / Large Exposure Report (under the German Banking Act)
Added to glossary by
Ted Wozniak
May 23, 2008 12:30
15 yrs ago
2 viewers *
German term
Millionenkreditmeldung
German to English
Bus/Financial
Finance (general)
The meaning of the term is the requirement to report loans above a certain limit; I am wondering, however, if someone has found a less unwiedly way to say this that 'million loan report/notification'.
Proposed translations
(English)
3 +1 | GroMiKV Report / Large Exposure Report (under the German Banking Act) | Ted Wozniak |
5 | LCE Reporting | wfarkas (X) |
Change log
May 30, 2008 15:32: Ted Wozniak Created KOG entry
Proposed translations
+1
42 mins
Selected
GroMiKV Report / Large Exposure Report (under the German Banking Act)
Is one option since the reporting requirement is a result of the GroMiKV (Verordnung über die Erfassung, Bemessung, Gewichtung und Anzeige von Krediten im Bereich der Grosskredit- und Millionen kreditvorschriften des KWG (Grosskredit- und Millionenkredit verordnung) Regulation on the recording, measuring, weighting and reporting of loans pursuant to the provisions of the Banking Act concerning large exposures and loans of three million Deutsche Marks or more (Large Exposures and Multimillion Loan Regulation)
4 KudoZ points awarded for this answer.
Comment: "Many thanks"
2 days 3 hrs
LCE Reporting
See CEBS Final Report - April 2006
Supervisory Stock Take on Large Exposures
LCE stands for Large Credit Exposures, which is a sub-category of LE (= Large Exposures)
Supervisory Stock Take on Large Exposures
LCE stands for Large Credit Exposures, which is a sub-category of LE (= Large Exposures)
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