Instruction No. 11/2024 amending Instruction No. 17/2018

Instruction No. 11/2024
Official Bulletin No. 6/2024 • 2024/06/17
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Topics
Credit Liabilities :: Credit Liabilities Central (CRC) Mod. 99999940/T – 01/14 Index Text of the Instruction Text of the Instruction Subject: Instruction amending Instruction No. 17/2018 This Instruction aims to revise Instruction No. 17/2018, of August 27, which regulates the operation of the Credit Liabilities Central (CRC), in order to incorporate into the communication of information to the CRC three additional variables necessary for the functions of the Bank of Portugal in matters of behavioral supervision and risk analysis. Thus, under the competence attributed to it by its Organic Law and by Article 2 of Decree-Law No. 204/2008, of October 14, the Bank of Portugal determines that Instruction No. 17/2018 is amended as follows:

1. Amendment of number 4 regarding the characterization of information blocks, communication periodicities and deadlines

1.1 Table 2 (variables of Block 2) of number 4.2.2 is amended, now including two additional variables: Contracted APR and Value of acquired asset.

1.2 Table 3 (variables of Block 3) of number 4.3.2 is amended, now including one additional variable: Property postal code.

1.3 A clarification is introduced in number 4.7.4, which now reads as follows:
Entities participating that are not characterized as credit institutions or financial societies are exempt from communicating “Block 7 — Entity risk information”. Entities that do not calculate own funds requirements for credit risk in accordance with Title II of Part III of Regulation (EU) No 575/2013 of the European Parliament and of the Council, of June 26, 2013, are exempt from communicating the information indicated in Table 8.

2. Entry into force
   This Instruction enters into force the day following its publication.