News and developments
Anti-money Laundering And Combating Terrorist Financing
On 26 September 2018, the Bank of Portugal issued Notice no. 2/2018 (“Notice 2/2018”), which sets out the conditions
for compliance with the prevention of money laundering and combating terrorist financing (“AML/CTF”), complementing
Law no. 83/2017 (“Law 83/2017”), regulating the means and mechanisms necessary for financial entities to comply with
the duties set forth in Law no. 97/2017 (“Law 97/2017”).