The Bank of Italy has released Supervisory Guidelines on Revolving Credit, with the aim of
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The Bank of Italy has released Supervisory Guidelines on Revolving Credit, with the aim of drawing banks‘ attention to the main issues in this sector in terms of focusing on customer relations and fair practices for consumers. The Bank of Italy has identified inconsistencies in interpreting certain regulatory provisions, governance and product control issues, weaknesses in the offering and placement of revolving credit, and ...