The BNA reveals, in a note published on its website, that the creation of these rules is aimed at "protecting consumers of financial services".
The press release states that financial institutions will be obliged to guarantee "the capital invested by customers in these financial products, in all circumstances".
In addition, banks are also obliged to "provide their customers with full information on these financial products prior to contracting them". This information must be provided by means of a technical information sheet. In addition to the technical information sheet, the BNA argues that the 'information to be passed on to customers' should be done in "advertising campaigns".
According to the BNA's note, transparency in the transmission of information is aimed at "enabling informed decision-making".
"The information to be provided to customers during the period of the deposits, as well as their periodicity," the note states.
The technical sheet or campaign must be "submitted for the approval of the BNA prior to the start of the disclosure and marketing of the respective product by the financial banking institutions", adds the bank.
