Regulatory Alerts2021-03-10
Instruction (Archive) No. 3/2021
Banco de Portugal issued Instruction No. 3/2021 to publish the maximum interest rates applicable to consumer credit contracts for the second quarter of 2021. This directive mandates compliance with the caps established under Decree-Law No. 133/2009 for credit institutions and financial companies. The regulation entered into force on April 1, 2021, and applies to all supervised entities offering consumer credit in Portugal.
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