Regulatory Alerts2023-01-24
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Notice No. 2/2023
The Bank of Portugal revokes nine specific regulatory notices and instructions issued between 2010 and 2018, as their practical applicability is exhausted following the transfer of deposit guarantee functions to the Deposit Guarantee Fund (FGD) and the transformation of the Mutual Agricultural Credit Guarantee Fund (FGCAM) into an autonomous private-law entity. These revoked acts include Notices Nos. 3/2010, 5/2011, 7/2012, 10/2012, 7/2014, and 13/2014, Instructions Nos. 19/2011, 22/2017, and 31/2018, along with Notice No. 5/2011. The revocation aligns with the national concentration of deposit guarantee responsibilities within the FGD framework established by Decree-Law No. 106/2019. This notice enters into force on the day following its publication in the Official Gazette.
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