Regulatory AlertsNotice No. 7/2023
Banco de Portugal issued Notice No. 7/2023 to regulate the periodic reporting of supervisory information regarding concentration risk to the central bank. This notice revokes the previous Instruction No. 5/2011 and establishes updated prudential norms for credit institutions on reporting large exposures. The regulation applies to banks, agricultural credit entities, savings banks, and mortgage credit institutions to enhance financial stability oversight.
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