Regulatory Alerts2026-03-26
Instruction (Historical) No. 4/2026
The Bank of Portugal issued Instruction No. 4/2026 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 and agricultural credit entities, to ensure compliance with updated monetary policy operational frameworks. The instruction entered into force on March 30, 2026, following its publication in the Official Bulletin on March 26, 2026.
Instruction (Historical) No. 4/2026
Summary Amends Instruction No. 3/2015, which establishes uniform rules for the implementation of the single monetary policy by the Eurosystem.
Status In force
Official Journal 3/2026 Supplement Law
Enabling Law Law No. 5/98, of 31-1
Descriptors Euro, Eurosystem, Auction, Markets, Money Markets, SWAP Operation, Repo, SITEME, Monetary Policy
Publication Date 26-03-2026
Disclosure Date 26-03-2026
Entry into Force Date 30-03-2026
Recipient Type Credit Institutions
Recipients Banks, Central Credit Cooperative Agricultural Savings Bank, Agricultural Credit Cooperative Savings Banks, Savings Banks, Mortgage Credit Institutions, Credit Financial Institutions
Theme :: Subtheme Money Markets
Instructions Amended/Revoked Instruction No. 3/2015
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