Regulatory Alerts2020-12-18
Added · Updated
Instruction (Historical) No. 31/2020
The document sets the base contribution rate for the Deposit Guarantee Fund at 0.0003% for 2021 and establishes a minimum annual contribution of 235 euros for participating institutions, with an exemption for Caixa Económica do Porto. It further prohibits credit institutions from substituting their 2021 annual contributions with irrevocable payment commitments. These rules apply to participating credit institutions and take effect on January 1, 2021.
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