Regulatory AlertsAdded · Updated
Notice No. 2/2019
Banco de Portugal issued Notice No. 2/2019 to establish specific thresholds for determining the significance of past-due credit exposures and risk positions under EU Regulation 575/2013. The notice defines the criteria for significant past-due obligations and distinguishes between significant retail and non-retail risk positions. It entered into force on May 25, 2019, to ensure consistent application of regulatory technical standards across the banking sector.
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