{
  "title": "Portugal: Financial Sector Assessment Program-Technical Note on Financial Safety Net and Crisis Management Arrangements",
  "publication": "IMF Staff Country Reports, July 27, 2026",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2026/07/27/portugal-financial-sector-assessment-program-technical-note-on-financial-safety-net-and-578099",
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  "summary": "The mandates and responsibilities of the institutions in the financial safety net in Portugal are set within the Banking Union framework.",
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      "heading": "Overview",
      "content": "- Publication date: July 27, 2026\n- Summary finding: The mandates and responsibilities of the institutions in the financial safety net in Portugal are set within the Banking Union framework.\n- Framework statement: The EU’s single rulebook on crisis management and domestic legislation forms the framework under which the Portuguese authorities operate."
    },
    {
      "heading": "Institutional framework and jurisdiction",
      "content": "- European authorities with jurisdiction in the Portuguese banking system: European Central Bank (ECB), European Commission (EC), Single Resolution Board (SRB), European Stability Mechanism (ESM).\n- Operating context: Portuguese authorities operate within Banking Union arrangements and the EU single rulebook on crisis management, complemented by domestic legislation."
    },
    {
      "heading": "Thematic focus and scope",
      "content": "- Subject areas: Bank resolution framework, Bridge bank, Crisis management, Crisis resolution, Financial crises.\n- Keywords: Bank resolution framework; Bridge bank; Crisis management; Crisis resolution; Global; IMF staff; Resolution department; Resolution funding; Resolution planning; Resolution regime; Resolution tool; staff team.\n\n---\n\n Content in this bundle\n\n- 1prtea2026004\n  - 1prtea2026004 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1prtea2026004 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: July 27, 2026",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798229053341.002",
    "Publication date: July 27, 2026",
    "Summary finding: The mandates and responsibilities of the institutions in the financial safety net in Portugal are set within the Banking Union framework.",
    "Framework statement: The EU’s single rulebook on crisis management and domestic legislation forms the framework under which the Portuguese authorities operate.",
    "European authorities with jurisdiction in the Portuguese banking system: European Central Bank (ECB), European Commission (EC), Single Resolution Board (SRB), European Stability Mechanism (ESM).",
    "Operating context: Portuguese authorities operate within Banking Union arrangements and the EU single rulebook on crisis management, complemented by domestic legislation.",
    "Subject areas: Bank resolution framework, Bridge bank, Crisis management, Crisis resolution, Financial crises.",
    "Keywords: Bank resolution framework; Bridge bank; Crisis management; Crisis resolution; Global; IMF staff; Resolution department; Resolution funding; Resolution planning; Resolution regime; Resolution tool; staff team.",
    "**1prtea2026004**"
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