Strengthening of the Financial Soundness of Credit Institutions

On 11 January 2012 the Portuguese Parliament approved Law 4/2012 which introduces the third change to Law 63- A/2008 of 24 November, as amended by Laws 3-B/2010 of 28 April 55- A/2010 of 31 December. The new law establishes measures to strengthen the financial soundness of credit institutions in the context of the initiative to boost financial stability and enhance liquidity in the financial markets.