Regulatory Alerts2021-07-29
Added · Updated
Circular Letter No. CC/2021/00000036
Bank of Portugal determines that exceptional circumstances exist for less significant credit institutions, allowing the temporary exclusion of certain central bank exposures from the leverage ratio exposure measure to facilitate monetary policy. This exemption applies to positions related to the Eurosystem's permanent deposit facility and reserve accounts, including minimum reserve requirements. The determination is effective from December 31, 2019, and the exemption period runs from June 28, 2021, to March 31, 2022.
Topics
Share