Consolidation of the Right to Be Forgotten and Strengthened Protection in Credit-Linked Insurance Contracts

Law no. 14/2026, of April 27 was published today, strengthening the right to be forgotten and consumer protection in the contract of insurance associated with credit agreements. Among the key changes, the new law:

• Extends the scope of the right to be forgotten to credit taken out for commercial or professional purposes;
• Strengthens the duty of disclosure on the part of obliged entities, including in the context of relationships with both natural and legal persons;
• Provides that life insurance is no longer mandatory as warrantee for loans for the purchase or construction of housing, and may be replaced by a mortgage over another property, a surety bond, or any other real guarantee;
• Establishes that, in credit agreements taken out by couples (married or in a de facto union), if one member has a disability rating above 60%, life insurance may be required only from the non-disabled member.

For more information, please contact rvr@ccsllegal.com

[Photo by: Sasun Bughdaryan, available at unsplash.com]