Regulatory Alerts2024-06-06
Added · Updated
Instruction No. 10/2024
Instruction No. 10/2024 revokes Banco de Portugal Instruction No. 34/2018, which established standardized reporting for interest rate risk in the banking book (IRRBB) and outlier tests. The revocation takes effect on August 31, 2024, aligning national reporting requirements with new European Union regulations and EBA technical standards. Credit institutions must submit their final report under the old regime by June 30, 2024, before transitioning to the new harmonized European reporting framework starting September 1, 2024.
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