S.L. 371.23 Art. 5Obligation to comply with the regulations.

(1) A creditor shall take all the necessary steps to ensure full compliance with these regulations and any Rules issued thereunder.

(2) Unless otherwise provided in these regulations and, or the Rules, the obligations of the creditor shall equally apply to a European creditor, and a credit intermediary where a credit intermediary presents or offers credit agreements to consumers, assists consumers by undertaking preparatory work in respect of credit agreements, or concludes credit agreements with consumers on behalf of the creditor.