2024-12-16
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.
Summary Discloses the costs associated with the management of collateral assets mobilized for Eurosystem credit operations. Replaces Circular Letter No. 003/2015/DMR, of July 15.
Status In force
Official Journal 12/2024
Publication Date 16-12-2024
Issue Date 11-12-2024
Recipient Type Credit Institutions
Descriptors Asset, Commissions, Markets, Money Markets, Pricing, Credit Operations, Eurosystem
Recipients Banks, Central Credit Agricultural Mutual Savings Bank, Agricultural Credit Mutual Savings Banks, Savings Banks, Mortgage Credit Institutions, Credit Financial Institutions
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