Regulatory Alerts2020-01-17
Added
Instruction No. 2/2020
The Bank of Portugal revokes Instruction No. 4/2011 regarding internal stress testing to align with the European Banking Authority's Guidelines EBA/GL/2018/04. This repeal is justified by the existence of internal stress testing reporting obligations in other current regulations, specifically Instruction No. 3/2019 on the Internal Capital Adequacy Assessment Process (ICAAP) and Instruction No. 2/2019 on the Internal Liquidity Adequacy Assessment Process (ILAAP). The revocation takes effect the day following its publication in the Official Bulletin.
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