Regulatory Alerts2025-03-20
Added · Updated
Instruction No. 4/2025
Bank of Portugal amends Instruction No. 18/2020 to update reporting deadlines, shifting the reference date for annual self-assessment reports to September 30 and the submission deadline to November 15. The instruction introduces new reporting obligations for the designation of statutory auditors and for credit institutions waiving the presumption of indirect credit granting, both requiring 30 days' prior notice. It also updates risk categories, deficiency classification methodologies, and reporting formats for employees with material impact on risk profiles.
Topics
Share