Credit intermediaries – extension of the transitional arrangements … credit agreements with consumers on behalf of the lending institutions; provide consultancy services, by making … credit intermediary intervenes, credit is always granted by institutions duly authorised to grant credit (e.g. credit institutions). Access to the credit intermediary activity … News Credit intermediaries
Commercialisation of banking products and services in digital channels in Portugal (2018) … 12:00 Inglês No Banco de Portugal Questionnaire on institutions Results of the 2nd questionnaire on financial institutions - 2018. Banco de Portugal Publications Language … Results of the 2nd questionnaire on financial institutions - 2018. … Publications Banco de Portugal
Commercialisation of banking products and services on digital channels in Portugal (2016) … 12:00 Inglês No Banco de Portugal Questionnaire on institutions Commercialisation of banking products and … in Portugal - Results of the questionnaires on financial institutions (2016). Banco de Portugal Publications Language … in Portugal - Results of the questionnaires on financial institutions (2016). … Publications Banco de Portugal
The OECD issues a recommendation concerning consumer protection in the field of consumer credit … of consumers; Disclosure and transparency obligations of institutions; Financial education and awareness of … privacy; Complaints handling and redress; Competition among institutions. This Recommendation updates and replaces a … make it difficult to assess information provided by institutions and the decisions made by consumers. The most … News
Credit servicers – what are they? … What loans may banks assign? Banks (or other institutions authorised to grant credit) may sell their … securitisation special purpose entities. Banks and other institutions authorised to grant credit may also sell loans … with debtors, must comply with the same rules applicable to institutions authorised to grant credit . For example, they … Loans Credit servicers
Banco de Portugal publishes new information on the status of credit intermediary authorisation requests … activity. It does not cover communications on credit institutions, financial companies, payment institutions and electronic money institutions wanting to operate as credit intermediaries, … News Credit intermediaries
European Banking Authority launches a consultation on Guidelines on loan origination and monitoring … Specify the internal governance arrangements that institutions should implement in their procedures for … creditworthiness assessment; Identify factors that institutions should reflect in the cost they charge to … and taking into account shortcomings identified in the institutions’ credit granting policies and practices. The … News
Arrears prevention … contact information to receive their communications. Credit institutions should always permanently and systematically … the credit. Pre-Arrears Action Plan (PRAP) If institutions detect evidence of risk of default or the … be able to pay the instalments of their credit agreement, institutions must define and implement a Pre-Arrears Action … Loans Arrears
European Supervisory Authorities publish a report on cross-border supervision on retail financial products and services … more specifically as regards the supervision of institutions exercising the freedom to provide services; … national level, which may hinder a level playing field for institutions and create the risk of regulatory arbitrage; … services in the host Member State, more specifically by institutions authorised to operate in that territory under … News
Basic bank accounts grew by 25% in 2020 … account with the same credit institution (80.4% in 2019). Institutions reported the closing of 4,115 basic bank … For providing basic bank account services, the credit institutions may not apply fees, expenses or other charges … of basic bank accounts is compulsory for all credit institutions that provide the public with the services … News Basic bank account