Regulatory Alerts2025-12-18
Added · Updated
Notice No. 7/2025
The Bank of Portugal implements European Central Bank Guidance (EU) 2025/1525 by adding Article 11-A to Notice No. 10/2017, allowing credit institutions to continue using credit assessments from External Credit Assessment Institutions (ECAIs) that include implicit public support assumptions for exposures to institutions until January 1, 2027. This transitional provision permits such exposures to be treated as rated institution exposures rather than unrated institution exposures. The Notice enters into force the day following its publication in the Official Journal.
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