A special recording procedure for certain securities will be in effect until the end of 2025
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12.03.2025
ADVERTISING OF CONSUMER LOANS: CHANGES FROM MARCH 1, 2025
On March 1, 2025, amendments to Article 28 of the Law on Advertising came into force, adjusting the requirements for contents of advertising of services related to provision of a consumer loan (credit).
It is envisaged that if an advertisement of services related to provision of a consumer loan, its use and repayment of the said loan contains at least one condition affecting its total cost, it must contain a warning: "Study all the terms of the loan (credit)" with a reference to the section of the official website of the creditor, which describes the detailed terms of the provision of the relevant services affecting the total cost of the consumer loan, and if it is impossible to indicate the creditor's website, it must contain all the conditions affecting the total cost of the consumer loan.
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