Portugal
Legal update - 3rd Quarter 2025
In the third 2025 edition of the Banking, Finance, and Capital Markets Newsletter, we highlight:
- the approval of Decree-Law no. 103/2025, of September 11, which transposes Directive (EU) 2021/2167, creates the Regime for the Assignment and Management of Bank Credits (RCGCB), establishes a new regime for the Central Credit Register (CRC), and amends the securitization regime; and
- CMVM Regulation no. 5/2024, of August 4, which introduces new obligations and reporting formats regarding the Prevention of Money Laundering and Terrorist Financing.
In the section What to expect in the next quarter?, we highlight the Draft Law 32/XVII/1 for the implementation of MiCA in Portugal, and the final stage of the regulation of the Law establishing the Right to Be Forgotten.