Portugal has published Ordinance no. 81/2024/1 of 5 March 2024 in the Official Gazette, which establishes the form and conditions for the submission of information by payment services providers. The new requirements were introduced by Law No. 81/2023 of 28 December 2023, which transposed Council Directive (EU) 2020/284 of 18 February 2020 amending Directive 2006/112/EC as regards introducing certain requirements for payment service providers. As per Council Directive (EU) 2020/284, payment service providers offering payment services in the EU are required to monitor the payees of cross-border payments and transmit information on those who receive more than 25 cross-border payments...