After much opposition and claims of breaching of banking secrecy, a law requiring the Bank of Portugal to disclose to Parliament data on large debtors of those banks that received public aid has been published in Diário da República.

The Bank of Portugal now has 100 days to deliver an extraordinary report on large debtors of banks that in the last 12 years have received public aid.

News courtesey of http://algarvedailynews.com/news