Regulatory Alerts2021-01-15
Added
Instruction No. 1/2021
The Bank of Portugal revokes Instruction No. 2/2007, which previously required quarterly reporting on credit portfolio evolution by credit institutions, financial companies, and branches of non-EU entities in Portugal. This repeal eliminates redundant reporting obligations as the information is now available through COREP/FINREP and the Credit Liability Central. The instruction enters into force the day after its publication, with the final report under the repealed instruction due by January 31, 2021.
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