Regulatory Alerts2023-12-28
Royal Decree-Law 8/2023, of 27 December, adopting measures to address economic and social consequences of conflicts in Ukraine and the Middle East and mitigate drought effects
The Spanish State issued Royal Decree-Law 8/2023 to gradually withdraw previous emergency measures while protecting vulnerable groups from inflation and drought impacts. The decree extends the suspension of early repayment fees for variable-rate mortgages until December 2024 and limits cash withdrawal commissions for elderly and disabled individuals. It also strengthens operational risk management in payment systems to ensure financial stability and consumer confidence.
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