Regulatory Alerts2024-10-24
Added · Updated
Circular Letter No. CC/2024/00000043
The Banco de Portugal requires supervised financial institutions to comply with the European Banking Authority's guidelines on the resubmission of historical data, specifically regarding errors, inaccuracies, and corrections. Institutions must resubmit affected current and historical data, ensuring historical data covers at least the preceding calendar year, with compliance expected from the reference date of 17 October 2024. This circular incorporates the EBA guidelines into the Bank's supervisory activities without prejudicing its power to request additional information or other applicable legal provisions.
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