Regulatory Alerts2021-10-07
Circular Letter No. CC/2021/00000047: Revised Recommendations on Business Continuity Management
The Bank of Portugal, alongside the Insurance and Pension Funds Supervisory Authority and the Securities Market Commission, published revised Business Continuity Management Recommendations approved by the National Supervisory Board for Financial Supervision. These recommendations establish generic best practices for financial sector institutions to implement and deepen, replacing the previous 2010 guidelines. The document serves as an official regulatory notice effective from its publication date in October 2021.
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