Regulatory Alerts2020-12-31
Instruction (Historical) No. 33/2020
The Bank of Portugal issued Instruction No. 33/2020 to amend Instruction No. 7/2012, which establishes temporary measures regarding the eligibility criteria for collateral assets in Eurosystem credit operations. This regulatory update specifically targets credit institutions, including banks and agricultural credit cooperatives, to ensure compliance with updated collateral standards. The instruction entered into force on January 1, 2021, following its publication in the Official Bulletin in December 2020.
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