Regulatory Alerts2010-04-16
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Notice No. 2/2010
Notice No. 2/2010 establishes minimum information duties for credit institutions regarding the negotiation, conclusion, and duration of housing, connected, and other mortgage loans. It mandates the provision of a standardized information sheet at the simulation stage and a contract draft upon approval, while requiring specific financial details in the contract and monthly statements during the loan term. The notice revokes Instruction No. 27/2003 and entered into force on November 1, 2010.
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