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New version applies from 20/03/2014 — introduced by Mortgage Credit Directive. 109 provisions change. Later versions: 01/01/2015, 13/01/2018, 09/07/2018, 29/12/2020, 28/06/2021, 01/01/2022, 09/01/2024, 29/07/2024, 30/12/2024, 17/01/2025, 11/01/2026, 11/07/2026. Recital 75 changes in this version: compare with the current text.

Recital 75

Recital 75

(75)The development of relationship-based lending should be encouraged where information gleaned from a continuing business relationship with clients is used to get a better quality of due diligence and risk assessment than is available purely from standardised information and credit scores.

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