Regulatory Alerts2022-02-17
Instruction (Historical) No. 3/2022
Banco de Portugal issued Instruction No. 3/2022 to amend Instruction No. 8/2018, which regulates the Interbank Clearing System (SICOI). This regulatory update applies to credit institutions and modifies the operational rules governing interbank payment and clearing mechanisms. The instruction entered into force on February 25, 2022, following its publication in the Official Gazette.
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