Banco de Portugal

11/25/2021 | Press release | Distributed by Public on 11/25/2021 09:21

The Banco de Portugal facilitates access to reporting requirements for institutions operating under the freedom to provide services

According to Article 64 of Notice No 2/2018 of 26 September 2018 and Instruction No 25/2020 of 24 September 2020, financial entities with their head office in another EU Member State are required to submit to the Banco de Portugal, until 28 February, a report on the activity they carried out in the previous year under the freedom to provide services, originating and/or ending in Portuguese territory.

Following previous communications on this reporting obligation, and in order to facilitate compliance with it, the Banco de Portugal created a specific section on its website (available here), from where reporting entities can download the templates necessary for the report and the instructions for filling them in.