Regulatory Alerts2020-04-15
Instruction (Archive) No. 8/2020
Banco de Portugal issued Instruction No. 8/2020 to amend Instruction No. 15/2009, which establishes credit granting limits for agricultural credit unions under the RJCAM. The regulation specifically modifies the provisions regarding credit limits set forth in Article 28(2) and Article 36-A(6) of the RJCAM. This directive applies to the Central Credit Union and Agricultural Credit Unions, entering into force on April 16, 2020.
Instruction (Archive) No. 8/2020
Summary
Amends Instruction No. 15/2009, which establishes the credit granting limits for agricultural credit unions under Article 28(2) and Article 36-A(6) of the RJCAM.
Status
In force
Official Gazette
4/2020
Enabling Law
Law No. 5/98, of 31-01, Article 17; Decree-Law No. 298/92, of 31-12, Article 120.
Descriptors
Credit Limits, Prudential Standards, Banking Operations, Credit Operations, Information Provision, Supervision
Regulated Instrument
Decree-Law No. 24/91, of 11-01
Publication Date
15-04-2020
Dissemination Date
15-04-2020
Entry into Force Date
16-04-2020
Type of Recipient
Credit Institutions
Recipients
Central Credit Union of Mutual Agricultural Credit, Agricultural Credit Unions of Mutual Credit
Theme :: Subtheme
Information Elements
Instructions
Altered/Revoked Instructions
Instruction No. 15/2009
To improve your browsing experience, this site uses anonymized information provided by cookies. Cookie Policy
Cookies are text files or documents that contain small amounts of information that are downloaded and stored on the user's device via their browser when visiting a web page. Cookies can be categorized according to the purpose they serve. There are cookies that are strictly necessary for the functioning of the site, while others collect statistical information in order to analyze site usage and its performance, or are used to ensure the provision of additional functionalities to the site or to save visitor preferences regarding navigation, whenever you use the same device. This cookie policy is an integral part of the personal data protection policy. Learn more about these policies Manage cookie preferences
Strictly Necessary Cookies
Always active These cookies are necessary for the website to function and cannot be switched off in our systems. Normally, they are only configured in response to actions taken by you that correspond to a service request, such as setting your privacy preferences, logging in, or filling out forms. You can configure your browser to block or alert you about these cookies, but some parts of the website will not work. These cookies do not store any personally identifiable information.
Performance Cookies
These cookies allow us to count visits and traffic sources so that we can measure and improve the performance of our website. They help us know which pages are the most and least popular and see how visitors move around the website. All information collected by these cookies is aggregated and, therefore, anonymous. If you do not allow these cookies, we will not know when you visited our site.
Advertising Cookies
These cookies may be set on our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant ads on other websites. They do not store personal information directly, but are based on the unique identification of your browser and internet device. If you do not allow these cookies, you will have less targeted advertising.
Cookie List
| Checkbox Label | Label | Consent | Leg.Interest |
|---|---|---|---|
| [ ] | label | ||
| [ ] | label | ||
| [ ] | label | ||
| [ ] | label |