(Repeals Notice No. 5/GBM/2022 of November 17)

This regulatory instrument aims to bridge the gaps and harmonize the overall national legislation on Anti-Money Laundering, Countering the Financing of Terrorism and Proliferation of Weapons of Mass Destruction.

In 2022, Notice No. 5/GBM/2022, of November 17 (Guidelines on Anti-Money Laundering, Countering the Financing of Terrorism and Proliferation of Weapons of Mass Destruction) was approved, in light of Law No. 11/2022, of July 7 and Law No. 13/2022, of July 8, laying down, with the latest legislation (Law No. 3/2024, of March 22, which punctually amends the Law No. 14/2023, of August 28, Law No. 15/2023, of August 28, Decree No. 53/2023, of August 31 and Decree No. 54/2023, of August 31), the necessary updates.

Thus, the following amendments are highlighted, among others: (i) the introduction of new articles arising from the new legislation; (ii) the improvement of the wording and updating of some articles; and (iii) the updating of Annex V.

Read the Notice, here.