Regulatory AlertsNotice No. 5/2025
Bank of Portugal issued Notice No. 5/2025 to regulate the reporting obligations of entities operating within retail payment systems. The notice mandates the communication of specific information to the central bank, covering areas such as payment elements, disclosure, cybersecurity, and operational risk. It entered into force on August 7, 2025, pursuant to Law No. 5/98 and Decree-Law No. 298/92.
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