Regulatory Alerts2021-03-30
Added · Updated
Instruction (Historical) No. 5/2021
Bank of Portugal amends Instruction No. 7/2012 to update reporting procedures for mobilizing individual credit rights as collateral for Eurosystem credit operations, requiring the use of information from the Credit Liability Central (CRC) and the Bank Loans Treatment (TEB) system. The amendment accepts bank loans guaranteed under Portuguese government lines approved during the COVID-19 pandemic, mandating specific reporting procedures for these loans in the TEB system. The instruction enters into force on April 12, 2021.
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