2023-03-01
Banco de Portugal issued Instruction No. 6/2023 to amend Instruction No. 3/2015, which establishes uniform rules for implementing the single monetary policy of the Eurosystem. This regulatory update specifically targets credit institutions, including banks, the Central Credit Agricultural Mutual Fund, and savings banks, to ensure compliance with monetary policy operations. The instruction entered into force on March 20, 2023, following its publication in the Official Bulletin on March 1, 2023.