2020-12-31
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.
Amends Instruction No. 7/2012, which establishes temporary measures regarding the eligibility criteria for collateral assets for Eurosystem credit operations.
In force
12/2020 4th Supplement
Law No. 5/98, of 31-01
Loan, Euro, Eurosystem, Bank Guarantee, Mortgage, Liquidity, Markets, Money Markets, Credit Operations, Pledge, Refinancing
31-12-2020
31-12-2020
01-01-2021
Credit Institutions
Banks, Central Credit Cooperative of Agricultural Credit, Agricultural Credit Cooperatives, Savings Banks, Mortgage Credit Institutions, Credit Financial Institutions
Money Markets
Instruction No. 7/2012
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