Notice No. 2/2021

This Notice updates the regulatory framework for payment institutions and electronic money institutions in Portugal by revoking Notices No. 10/2009 and No. 4/2014. It makes specific provisions of Notice No. 3/2020 on internal governance applicable to these entities, excluding Chapters I, IX, and XIV and several specific articles. Institutions must adapt to these requirements within six months of the Notice's entry into force, and the rules also apply to pending authorization procedures.

Portugal

Banco de Portugal