Regulatory Alerts2025-06-03
Added · Updated
Instruction No. 6/2025
The Bank of Portugal amends Article 3 and Article 7 of Instruction No. 7/2012 to establish specific credit assessment methodologies for the mobilization of credit rights portfolios. Counterparties must use Internal Ratings-Based (IRB) probabilities of default (PD) and loss given default (LGD) values, or the Bank's SIAC ratings with a fixed 60% LGD, when calculating credit quality. The amended instruction enters into force on June 16, 2025.
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