Regulatory Alerts2025-06-03
Added · Updated
Circular Letter No. CC/2025/00000012
The document formally terminates the validity of Circular Letter No. 018/97/DSB, which previously required credit institutions and financial companies to report the identity of their Secretary to the Bank of Portugal. This repeal is based on the determination that such information is already publicly accessible and unnecessary for financial system transparency and control purposes. Consequently, the specific reporting obligation for the Secretary's identity and subsequent changes is removed for the affected institutions.
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