- within Insurance, Litigation, Mediation & Arbitration and Antitrust/Competition Law topic(s)
- in European Union
BANKING AND FINANCE
BNA
Circular Letter 4/2023 of 6 April, on the handling of bank accounts held by minors.
Instruction 5/2023 of 29 May, which establishes the different types of e-money accounts, as well as the rules and procedures for opening and operating them.
Notice 4/23 of 28 June, which establishes the requirements and procedures for the incorporation of microcredit companies and credit cooperative companies.
Notice 4/23 of 29 June, which establishes the minimum share capital applicable to non-bank financial institutions linked to money and credit under the supervision of the BNA.
President of the Republic
Presidential Decree 91/23 of 5 April, which approves the regulation of cooperative credit companies.
CAPITAL MARKETS
CMC (Capital Markets Commission)
Instruction 06/CMC/04-23 of 19 April, on the report on the prevention and combating of money laundering, terrorist financing and the proliferation of weapons of mass destruction.
Instruction 07/CMC/06-23 of 26 June, on the provision of information by the certifying bodies of expert valuers of real estate collective investment undertakings.
Instruction 08/CMC/06-23 of 26 June, on the provision of information by external auditors.
Instruction 09/CMC/06-23 of 29 June, on the transfer of securities in the context of the transition process for investment services and activities in securities and derivatives.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
