2021-11-30
Banco de Portugal issued Circular Letter No. CC/2021/00000057 to inform credit institutions that the European Banking Authority has revised its Guidelines on internal governance. The document mandates that supervised entities adopt necessary measures to comply with the updated EBA/GL/2021/05 guidelines. These compliance measures must be fully implemented by 31 December 2021.
Summary
Informs that the EBA Guidelines on internal governance (EBA/GL/2021/05) have been revised, and measures must be adopted to ensure compliance from 31 December 2021.
Status In force
Official Journal 11/2021 3rd Supplement
Publication Date 30-11-2021
Issue Date 24-11-2021
Recipient Type Credit Institutions
Descriptors Internal Control, Risk Management, Prudential Standards, Supervision
Recipients Banks, Central Credit Cooperative Savings Bank, Agricultural Mutual Credit Savings Banks, Savings Banks, Mortgage Credit Institutions, Credit Financial Institutions
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