Regulatory Alerts2024-02-01
Added · Updated
Circular Letter No. CC/2024/00000006
The document clarifies that the regulatory framework of the Bank of Portugal regarding mortgage bonds and public sector bonds ceased to have effect on July 29, 2023. This cessation occurred upon the entry into force of CMVM Regulation No. 2/2023, which transferred supervisory competence for covered bonds to the Portuguese Securities Market Commission. Specifically, the effects of Bank of Portugal Notices No. 5/2006, 6/2006, and 8/2006, and Instruction No. 13/2006, were terminated to ensure legal certainty under the new regime.
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