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.

BDP published 1 document in the last 30 days — get each new one by email the day it lands.

Instruction No. 6/2025
BO No. 5/2025 2nd Supplement • 2025/06/03
..................................................................................................................................................................................................
Topics
Markets :: Money Markets
Mod. 99999940/T – 01/14
Index
Text of the Instruction
Text of the Instruction
Subject: Amending Instruction No. 7/2012
In exercise of the powers conferred by Articles 14, 15, 16, and 24 of its Organic Law, approved by Law No. 5/98 of January 31, the Bank of Portugal approves the following Instruction:

Read the rest free, and get an email when BDP publishes again

Email me when BDP publishes something newOne email per publication, same day. Sign in below to keep reading.

Lineage: In force

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

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