Regulatory Alerts2025-10-15
Added
Instruction No. 13/2025
The Bank of Portugal partially amends Instruction No. 23/2018 to streamline the authorization process for the exercise of functions by members of administrative and supervisory bodies of supervised institutions. The amendment introduces a mandatory submission deadline of 30 working days after designation, with a final cutoff of 8 months after the term ends, and establishes specific rules for reappointed members, including exemptions from submitting unchanged questionnaire sections. It also updates data protection declarations, criminal record certificate requirements, and the assessment of suitability based on judicial or administrative proceedings.
More like this from BDP
BDP published 2 documents in the last 30 days. We email you each new one the day it's published.