Portuguese Insurance Regulator waives first half 2026 pension fund liability reporting collection

The Portuguese Insurance Regulator has approved a circular providing that it will not collect supervisory information on pension fund liabilities for the first half of 2026. The measure removes a reporting exercise that would otherwise have been required under the applicable 2023 regulatory standards. The decision is tied to the regulator's stated objectives of regulatory simplification, optimization of supervisory resources and priorities, proportionality, and the relevance of the information for supervisory purposes. It covers the collection referred to in Article 32(1)(h) and Article 32(6) of Regulatory Standard No. 4/2023-R and Article 3(1)(f) of Regulatory Standard No. 5/2023-R.