Notice No. 3/2020

Summary

Regulates the internal governance and control systems and defines the minimum standards on which the organizational culture of entities subject to the supervision of the Bank of Portugal must be based. Revokes Notices No. 5/2008 and 10/2011, as well as Instruction No. 20/2008.

Status

In force

Publication

Diário da República DR, 2nd Series, No. 136, Part E, of 15-07-2020

Enabling Law

Law No. 5/98, of 31-01; Decree-Law No. 298/92, of 31-12

Publication Date

15-07-2020

Entry into Force Date

16-07-2020

Descriptors

Internal Control, Information Disclosure, Investment Companies, Subsidiary Company, Parent Company, Financial Stability, Risk Management, Financial Group, Conduct Rules, Prudential Standards, Third Countries, Remuneration Policy, Information Provision, Banking Branch, Financial Branch, Supervision, Transparency, Organization of Services, Audit Body, Corporate Bodies

Type of Recipient

Credit Institutions, Financial Companies, Asset Management Companies

Recipients

Exchange Agencies, Banks, Central Credit Cooperative Bank, Agricultural Credit Cooperatives Savings Banks, Savings Banks, Credit Financial Institutions, Brokerage Companies, Regional Development Companies, Factoring Companies, Mutual Guarantee Companies, Investment Companies, Leasing Companies, Brokerage Financial Companies, Asset Management Companies

Amending/Revoking Notices

Notice No. 2/2025

Amended/Revoked Notices

Notice No. 10/2011 Notice No. 5/2008

Associated Instructions

Instruction No. 18/2020 Instruction No. 20/2008

Link

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