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BANKING AND CAPITAL MARKETS
The Portuguese Government passed Decree-Law no. 58/2013, of 8 May 2013 , which set out new rules applicable to credit transactions, which will limit default interest rates to 3% plus the agreed interest rate, allow the capitalisation of...
ENVIRONMENT
The Portuguese Government has implemented Directive 2003/87/EC, of 13 October on greenhouse gas emissions permits. According to Decree-Law no. 38/2013 of 15 March , the Portuguese Environment Agency ( Agência Portuguesa do Ambiente ) ( APA )...
BANKING AND CAPITAL MARKETS
PARVALOREM, the State-owned vehicle that holds part of BPN's former loan portfolio, has issued a public tender for the rendering of servicing and collection services respecting its loan portfolio, which is divided into four independent...
CORPORATE AND COMMERCIAL
According to the new guidelines, the base amount of the fine is set between 0% and 30% of the turnover related to a breach of competition law, and only when it is not possible to determine that value, will the Competition Authority take into...
2013-02-07