Regulatory Alerts2026-05-15
Circular Letter No. CC/2026/00000017
The Bank of Portugal issued Circular Letter No. CC/2026/00000017 to disseminate the European Banking Authority's guidelines on proportional portfolio diversification methods for retail portfolios under Article 123(1) of Regulation (EU) No 575/2013. This directive applies to credit institutions and financial companies headquartered in Portugal, including banks, mutual agricultural credit boxes, and savings banks. The measure aims to align national supervisory practices with European standards regarding credit risk and own funds requirements.
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