Regulatory Alerts2025-12-15
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Instruction (Historical) No. 16/2025
The Bank of Portugal amends Instruction No. 14/2021 by updating the text of Annex R, which governs minimum reserve statistics for monetary financial institutions. The revised annex introduces specific reporting cells for institutions opting to provide proof of issued securities held by central banks to exclude them from the minimum reserve base, thereby waiving the standard deduction. This instruction entered into force the day following its publication in the Official Bulletin.
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