We are paying the utmost attention to the issue of the costs and proportionality of regulation as well as to the suggestions and ideas coming from the industry. Nevertheless, the objective of not weighing down the activity of financial intermediaries, especially the smaller ones, comes up against two limits.
This initiative by the Ministry of Industry and Commerce is welcomed by the Central Bank and we will be working with the financial sector and listed companies on the implementation of the spirit and the letter of the New Code upon its publication.