RegAlert2026-04-09
Added · Updated
Instruction No. 5/2026
Instruction No. 5/2026 revokes Instruction No. 27/2007, which previously regulated the assessment of own funds adequacy at the financial conglomerate level. This revocation is necessary because the former instruction is misaligned with current national and European regulatory developments and contains provisions implicitly repealed by subsequent European and sectoral regulations. The revocation ensures legal clarity and certainty for financial conglomerates subject to complementary supervision. The instruction enters into force the day following its publication.
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Instruction No. 5/2026
BO No. 3/2026 2nd Supplement • 2026/04/09
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Topics
Supervision :: Prudential Standards
Mod. 99999940/T – 01/14
Index
Text of the Instruction
Text of the Instruction
Subject: Revoking Instruction No. 27/2007
Instruction No. 27/2007 regulated, regarding the need to assess the adequacy of own funds at the financial conglomerate level, Decree-Law No. 145/2006 of July 31, which transposed Directive No. 2002/87/EC of the European Parliament and of the Council of December 16, concerning the supplementary supervision of credit institutions, insurance undertakings and investment firms of a financial conglomerate.
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Lineage: In force
Source: Banco de Portugal — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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