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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 ...

Traveling for Business Again? What Can You Deduct?

As we continue to come out of the COVID-19 pandemic, you may be traveling again for business. Under tax law, there are a number of rules for deducting the cost of your out-of-town business travel within the United States ...

A Buyer Calls – Would You Be Ready?

Mergers and acquisitions activity is at record levels and the number of Midlands deals in the first nine months of 2021 was 38 per cent higher than in the same period last year[1]. Corporates are looking to position the ...

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 ...

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