Notice No. 7/2021

Summary

Concretizes the duties that, by virtue of the provisions of Decree-Law No. 227/2012 of October 25, institutions are obliged to observe in the context of the prevention and out-of-court regularization of situations of default on credit contracts.

Revokes Bank of Portugal Notice No. 17/2012.

Status

In force

Official Journal

DR, 2nd Series, No. 243, Part E, of 17-12-2021

Enabling Law

DL No. 227/2012, of 25-10

Regulated Decree

DL No. 227/2012, of 25-10

Publication Date

20-12-2021

Entry into Force Date

01-01-2022

Descriptors

Client, Contract, Consumer Credit, Housing Credit, Connected Credit, Consumer Protection, Information Disclosure, Loan, Real Guarantees, Mortgage, Information Provision, Supervision, Conduct Supervision

Type of Recipient

Credit Institutions, Electronic Money Institutions, Payment Institutions, Finance Companies

Recipients

Banks, Central Credit Agricultural Mutual Credit Union, Agricultural Mutual Credit Unions, Savings Banks, Mortgage Credit Institutions, Electronic Money Institutions, Payment Institutions, Credit Finance Companies, Factoring Companies, Investment Companies, Leasing Companies

Amended/Revoked Notices

Notice No. 17/2012

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