Regulatory Alerts2024-12-16
Circular Letter No. CC/2024/00000053
Banco de Portugal issued Circular Letter No. CC/2024/00000053 to disclose the costs associated with managing collateral assets mobilized for Eurosystem credit operations. This regulation supersedes Circular Letter No. 003/2015/DMR and applies to credit institutions, including banks and agricultural credit entities. The directive aims to ensure transparency regarding the financial implications of collateral management within the monetary system.
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