Notice No. 1/2021

Bank of Portugal issued Notice No. 1/2021 to amend Notice No. 11/2014 regarding prudential supervision. The regulation applies to factoring companies, mutual guarantee societies, investment companies, financial leasing companies, and credit financial societies. It entered into force on April 6, 2021, following its publication in the Official Gazette on April 5, 2021.

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Notice No. 1/2021

Summary

Amends Bank of Portugal Notice No. 11/2014, of December 22.

Status

In force

Official Journal

DR, 2nd Series, No. 65, Part E, of 05-04-2021

Enabling Law

Law No. 5/98, of January 31, Art. 17; Decree-Law No. 298/92, of December 31, Arts. 96, 99, and 196; Decree-Law No. 157/2014, of October 24, Art. 18.

Publication Date

05-04-2021

Entry into Force

06-04-2021

Descriptors

Account Consolidation, Subsidiary Company, Parent Company, Prudential Standards, Supervision

Target Audience Type

Financial Companies

Recipients

Factoring Companies, Mutual Guarantee Societies, Investment Companies, Financial Leasing Companies, Credit Financial Societies

Amended/Revoked Notices

Notice No. 11/2014

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