Payment terms and financial supervision: Are EBA policies too distant from national markets’ needs?


Vitor Graca, Secretary General, Portuguese Association of Leasing, Factoring and Renting (ALF) shares his views on the challenges of adoption of European Banking Authority regulations.

Very different business practices and payment terms exist across Europe. Each country has a cultural and historical context that helps explain the standard way of doing business, which includes variations in payment terms and payment practices.


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Posted on Aug 9, 2022
Region: EU
Factoring
ALF, European Commission, Late Payment Directive, Portugal, payment default, payment terms