Newsletter | Finance
Decree-Law No. 59 of 3 May 2016, subsequently amended and converted into law by Law No. 119 of 30 June 2016, introduced for the first time in our legal system a discipline for the creation of so-called non-possessory movable pledges.
A provision that completes the relevant regulations and operating procedures and that will allow market operators to finally make full use of this innovative type of guarantee.
The Chiomenti Professionals analysed the regulation and operational practice of the publication in the Computerised Registry of non-possessory movable pledges.