EBA Guidelines on loan origination and monitoring

Regulator guidanceEBA loan origination guidelines

Summary

These comply-or-explain guidelines are applied by supervisors to lending. They require identifying where automated models assess creditworthiness, governing them, managing model risk and ensuring staff understand and can challenge their outputs.

Who it applies to

Credit institutions and, depending on the country, other lenders.

Penalties

The rule has no penalty regime of its own, or it does not apply.

Official name: EBA Guidelines on loan origination and monitoring (EBA/GL/2020/06)
Official reference: EBA/GL/2020/06, 29 de mayo de 2020; aplicables desde el 30.6.2021
Regulator: European Banking Authority; in Spain, the Bank of Spain
Official source: Check the sourceHow we verify sources

Key dates

June 30, 2021Application date

Obligations and dates

Obligations table
Obligation	Article or citation	Status	Date	Who it applies to	Verification
Governance of automated creditworthiness models	EBA/GL/2020/06, sección 4.3.4	Regulator guidance	Already applicable	Financial institutions using models or AI to grant credit.	Verified in the official source on November 2, 2026

Governance of automated creditworthiness models

EBA/GL/2020/06, sección 4.3.4Regulator guidance

Already applicable

When it relates: Financial institutions using models or AI to grant credit.
What the rule provides: Inventory automated credit decision models and document their design and data.
Detect and prevent bias and control input data quality.
Ensure staff understand the model and can challenge its outputs.
Typical evidence: Model inventory with materiality and validation.
Validation and bias reports.
Related base documents: Model Risk Management Policy and Model Inventory
AI Model and Dataset Inventory Policy
Supporting documents: Bias Audit Report (Impact Ratio)
Model Monitoring Report
Model Card
Verification: Verified in the official source on November 2, 2026Status and application date checked on the EBA's official page.