Instruction No. 4/2024

Instruction No. 4/2024
BO No. 3/2024 • 2024/03/15
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Topics
Statistics :: Statistics of Operations with the Abroad Mod. 99999940/T – 01/14 Index Text of the Instruction Text of the Instruction Subject: Statistics of Operations and Positions with the Abroad The Bank of Portugal, using the competence attributed to it by its Organic Law (approved by Law No. 5/98 of January 31), determines the following:

1. Bank of Portugal Instruction No. 27/2012, published in BO No. 9, of September 17, 2012, is amended as follows:
   1.1. The wording of point 4.1 is replaced by the following:
   “4.1. Entities that present an annual total of economic and financial operations with the Abroad lower than 250,000 euros, considering the total of inflows and outflows, are exempt from reporting the information referred to in item a) of point 3.1.”
   1.2. The wording of point 4.4 is replaced by the following:
   “4.4. Entities that start activity or that are covered by the exemption referred to in point 4.1, and that present in a certain month a total of economic and financial operations with the Abroad higher than 250,000 euros, considering the total of inflows and outflows, must start reporting according to what is established by this Instruction in a period of four months, with information referring to the months that have elapsed in the meantime.”
2. Entities exempt based on the new threshold will benefit from such exemption in the reporting immediately following the entry into force of this Instruction.
3. This Instruction enters into force on the date of its publication.