Regulatory Alerts2024-06-05
Instruction (Historical) No. 8/2024
Banco de Portugal issued Instruction No. 8/2024 to define the annual information reporting requirements, models, and submission terms for supervised entities regarding anti-money laundering and counter-terrorist financing. This instruction revokes Instructions No. 5/2019 and No. 6/2020, establishing updated internal control and reporting standards for credit institutions, payment institutions, and other financial entities. The regulation entered into force on June 6, 2024, and applies to a broad range of supervised financial intermediaries.
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