Banks have been warned on more than one occasion that they must comply with the substance of these rules, and enforcement action has followed.
Among the latest legislative measures, the prohibition on simultaneously holding corporate office in competitor firms is intended to prevent the risk of collusive conduct in boards of directors; the measures that favour the use of electronic payment instruments aim at reducing the use of cash, as in the other European countries; the terms and conditions applying to loans and breaches of overdraft ceilings will be more transparent.