Banco de Portugal Lobbies the Government to Bind the DSTI Macroprudential Recommendation by Law as Álvaro Santos Pereira's May Estabilidade Financeira Brands Housing-Price Correction the Top Systemic Risk
Governor Santos Pereira used the 27 May Financial Stability Report to ask the Government to convert the DSTI macroprudential recommendation into a binding rule, one week after opening a consultation on cutting the cap from 50% to 45% or 40%.