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Member Articles


Update of the Guaranteed Minimum Monthly Wage

Decree-Law 85-A/2022, of 22 December was published updating the value of the guaranteed minimum monthly wage (GMMW) for 2023, setting it at 760 euros, thus updating the value referred to in Article 273(1) of the Portugue ...

New Rules on Banking Activities and Financial Institutions

Law no. 23-A/2022, of 9 December was published, which transposes Directive (EU) 2019/878 and Directive (EU) 2019/879 on access to banking and prudential supervision and the recovery and resolution of credit institutions ...

ASF Recommendations to Mitigate the Impact of the Macroeconomic Context

The ASF published Circular 10/2022 of 29 November, in which it stresses its concern with various subjects, making recommendations that may help mitigate the impact of the macroeconomic situation on policyholders, insured ...

Portugal Tax Updates December 2022

Dec 30, 2022: Extension of the Deadline for Compliance with Tax Obligations In view of the day-off granted to public service workers on December 30, the Secretary of State for Tax Affairs has determined, by Order N ...

Crowdfunding Projects - Non-Sophisticated Investors

The European Commission adopted the Delegated Regulation (EU) 2022/2114, of 13 July 2022, which aims to complement Regulation (EU) 2020/1153 on crowdfunding. The present Regulation sets forth a series of duties to which ...

Extraordinary Regime - Interest on Housing Loans

Decree-Law 80-A/2022, of 25 November was published, setting forth an extraordinary regime intended to mitigate the effects arising from the increase in the benchmarks of mortgage loans for the purchase or construction of ...

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