2026-04-09

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Instruction (Historical) No. 5/2026

This Instruction revokes Instruction No. 27/2007, which previously regulated the assessment of own funds adequacy at the financial conglomerate level under Decree-Law No. 145/2006. The revocation is necessary because the previous instruction is no longer aligned with current national and European regulatory frameworks and contains provisions implicitly repealed by subsequent European and sectoral regulations. This measure ensures legal clarity and certainty for the supplementary supervision of financial conglomerates coordinated by the Bank of Portugal. The Instruction enters into force the day after its publication.

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