Regulatory AlertsNotice No. 2/2020
Bank of Portugal issued Notice No. 2/2020 to regulate the information duties owed to clients by credit institutions during the COVID-19 pandemic-related public moratorium and private moratoria. The notice specified requirements for transparency and disclosure regarding credit operations covered by Decree-Law No. 10-J/2020. It was tacitly revoked on October 1, 2022, as the underlying legal framework was repealed and the established duties were tied to the initial adherence period.
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