Bank of Portugal issued Notice No. 3/2023 to establish the necessary requirements for ensuring compliance with regulatory provisions applicable to payment instruments excluded from the closed network and their communication models. The notice applies to Electronic Money Institutions and Payment Institutions under the Legal Regime of Payment Services and Electronic Money. It implements the European Banking Authority's Guidelines EBA/GL/2022/02 regarding payment services and electronic money.
Establishes the necessary aspects to ensure compliance with the regulatory provisions applicable to payment instruments covered by the closed network exclusion and their communication model, within the scope of the Legal Regime of Payment Services and Electronic Money (RJSPME).
In force
DR, 2nd Series, Part E, No. 52, of 14-03-2023
Law No. 5/98, of 31-1, arts. 17 and 14; Decree-Law No. 91/2018, of 12-11, art. 6, para. 6 and art. 7, para. 1, al. c)
Decree-Law No. 91/2018, of 12-11
14-03-2023
15-03-2023
Directive (EU) 2015/2366 of the European Parliament and of the Council, of 25-11 :: EBA Guidelines EBA/GL/2022/02, of 24-2
Payment Systems, Payment Means, Information Elements, Reporting
Electronic Money Institutions, Payment Institutions
Electronic Money Institutions, Payment Institutions
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