Circular Letter No. CC/2024/00000052

Summary

Recalls the requirements applicable within the framework of update procedures provided for in Article 40 of Law No. 83/2017, of August 18, and disseminates other aspects that assist supervised entities for the purposes of preventing money laundering and terrorist financing in defining the conduct to be adopted in this context, including in cases of impossibility of updating the identification data of clients, their representatives, and beneficial owners.

Status: In force

Official Gazette: 11/2024 4th Supplement

Publication Date: 11-12-2024

Issue Date: 26-11-2024

Recipient Type: Credit Institutions, Electronic Money Institutions, Payment Institutions, Financial Companies

Descriptors: Money Laundering, Terrorist Financing, Banking Operations, Banking Service, Client, Identification Document, Supervision

Recipients: Exchange Agencies, Banks, Central Credit Cooperative Agricultural Box, Mutual Agricultural Credit Boxes, Savings Banks, Entities exercising activities with virtual assets, Development Financial Institution, Mortgage Credit Institutions, Electronic Money Institutions, Payment Institutions, Credit Financial Institutions, Regional Development Companies, Factoring Companies, Mutual Guarantee Companies, Investment Companies, Financial Leasing Companies, Credit Financial Companies, Microcredit Financial Companies

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