Latest news and stories about bank regulation in Portugal for expats and residents.
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The parliamentary committee approved hearings in September, but they will only begin next month. Senior executives of major banks will have individual hearings; representatives of smaller banks will appear together.
The European Central Bank (ECB) will reduce the approval period for banks' share buy-backs to two weeks, rather than the current three months, from January, it was announced today.
From today, the Bank of Portugal will oversee the sale of non-performing loans by banks to non-financial companies and will be able to impose fines in case of non-compliance with the rules.
