Regulatory Alerts2026-08-26
Added
Instruction No. 8/2026 Repealing Instruction No. 7/2019
The Bank of Portugal repeals Instruction No. 7/2019 because supervisory responsibility for STS (Simple, Transparent, and Standardized) criteria in credit securitization has been legally assigned to the Portuguese Securities Market Commission (CMVM). Consequently, the Bank of Portugal is no longer a competent authority designated under Article 29(5) of Regulation (EU) 2017/2402 for this specific oversight role. The repeal takes effect the day after publication.
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