Regulatory AlertsNotice No. 6/2024
Bank of Portugal issued Notice No. 6/2024 to regulate the information banks must provide to clients regarding the State's personal guarantee for housing credit granted to young people up to 35 years old. This notice implements the framework established by Decree-Law No. 44/2024 and Ordinance No. 236-A/2024, ensuring transparency in the application of this specific credit regime. It applies to credit institutions and mandates specific disclosure requirements to protect consumer interests in this subsidized lending program.
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