2021-11-30

Circular Letter No. CC/2021/00000056

Banco de Portugal issued Circular Letter No. CC/2021/00000056 to inform credit institutions of the revised EBA Guidelines on sound remuneration policies (EBA/GL/2021/04). The document mandates that regulated entities adopt necessary measures to ensure compliance with these updated standards. The deadline for implementing these measures is set for 31 December 2021.

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Circular Letter No. CC/2021/00000056

Summary

Informs that the EBA Guidelines on sound remuneration policies (EBA/GL/2021/04) have been revised, and measures must be adopted to ensure compliance by 31 December 2021.

Status In force

Official Journal 11/2021 3rd Supplement

Publication Date 30-11-2021

Issue Date 24-11-2021

Recipient Type Credit Institutions

Descriptors Prudential Standards, Remuneration Policy, Remuneration, Supervision

Recipients Banks, Central Credit Cooperative Savings Bank, Agricultural Credit Cooperative Savings Banks, Savings Banks, Mortgage Credit Institutions, Credit Financial Institutions

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