Regulatory Alerts2020-12-18
Instruction No. 32/2020 (Historical)
The Bank of Portugal issued Instruction No. 32/2020 to establish the base rate for calculating periodic contributions to the Resolution Fund for the year 2021. The regulation sets this base rate at 0.060% and applies to credit institutions, investment firms, and financial leasing companies. The instruction entered into force on January 1, 2021, and is now expired.
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