Regulatory AlertsNotice No. 2/2025
Bank of Portugal issued Notice No. 2/2025 to amend Notice No. 3/2020 regarding organizational culture and internal governance and control systems for supervised entities. This regulation revokes Instructions No. 17/2011 and No. 28/2007 to update prudential standards and risk management requirements. The measure applies to credit institutions, financial companies, and investment firms to ensure enhanced transparency and financial stability.
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