Property Value acc. to Art. 229 (1) CRR (Webinar)
The amendments to Capital Requirements Regulations (CRR III) also entail significant changes for property valuation. The right to choose between Market Value and Mortgage Lending Value (MLV) for the purposes of preferential equity capital treatment will be replaced by the ‘property value’, which must be applied to new business from 1 January 2025. The portfolio must be adjusted by the end of 2027.
The webinar will explain the regulatory basis of the new ‘property value’ concept and present the vdp & vdpResearch property value methodology.
Speakers:
Annett Wünsche, Member of the Management Board and Department Head of Valuation, (Association of German Pfandbrief Banks, vdp)
Andreas Kunert, Member of the Management Board and Head of Real Estate Market Research (vdpResearch GmbH)
Online-Seminar
Frau Annett Wünsche, Verband deutscher Pfandbriefbanken
Herr Andreas Kunert, vdpResearch