Regulatory Alerts2025-06-03
Added · Updated
Instruction (Historical) No. 7/2025
The Bank of Portugal amends Instruction No. 2/2016 to align with ECB Guideline (EU) 2024/3129 regarding the management of collateral assets in Eurosystem credit operations. The amendments update the Auction Information System (SITENDER) protocols, including user profiles, contingency transmission methods, and security responsibilities, and introduce a new representation protocol template in Annex V for third-party proposal submission. Additionally, Instruction No. 10/2015 regulating the COLMS Collateral Management System is revoked, and the instruction enters into force on June 16, 2025.
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