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Member Articles


Bank of Portugal Publishes Answers to Questions - Notice no. 3/2020 and Instruction no. 18/2020

The Bank of Portugal has published an extensive FAQ document related to a set of questions regularly raised by supervised institutions pertaining to Notice no. 3/2020 and Instruction no. 18/2020, to promote a transparent ...

Instruction no. 16/2021 of Bank of Portugal

The Bank of Portugal's Instruction no. 16/2021 was published on 10 December, which sets out the information requirements that credit institutions, financial companies, payment institutions and electronic money institutio ...

Circular Letters from Regulators ASF and BoP

On 10 December both the Insurance and Pension Funds Supervisory Authority ("ASF") (via Circular Letter no. 11/2021) and the Bank of Portugal ("BoP") (via Circular Letter no. 59/2021), disclosed the latest announcements o ...

Special Contributions and Court Fees for 2022

Decree No. 218/XIV The present law regulates the: Application of the contribution on the banking sector, of the solidarity additional on the banking sector, of the extraordinary contribution on the pharmaceutical ind ...

ASF Public Consultation 10/2021 - Market Conduct and Complaints Handling

The Insurance and Pension Funds Supervisory Authority (ASF) has submitted for public consultation the draft regulatory rule on market conduct and complaints handling by the ASF, .that aims to update the rules of conduct ...

Update of the Monthly Minimum Wage in 2022 and Compensation to Employer

Decree-Law 109-B/2021 This Decree-Law updates the monthly minimum wage to 705 euros, from January 1, 2022 onward, and creates an exceptional compensation resulting from the update of the monthy minimum wage which transl ...

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