Portugal has begun fining cruisers who upon vessel inspection are discovered to have expired flares, fire extinguishers and life rafts. If you don't have an item that is not required such as a liferaft, you're fine. But if have a liferaft even though it is not required, and it is out of date, you can be fined. Also, they are intensively policing adherence to COLREGS (black ball, white light when anchored, cone underway when sails up and motoring, etc) There is a useful discussion here: http://liveinfo.lagosnavigators.net/httpdocs/bureaucracy/application-to-visiting-yachtsmen/

Vice Commodore, OCC 

Hi Daria,
I also am upgrading Alchemy’s fire fighting equipment as I believe that there is such a significant advancement in equipment as warrants the expenditure. There is little that scares me more than fire on a boat.
The advancement is the Maus fire extinguisher. It has been well tested and is easy to use, small, non-toxic and does not leave a mess. They are so small as to fit in the glove compartment of your car.
I am installing one next to each extinguisher I presently have on the boat: effectively doubling the capacity to fight fires (I am also upgrading my children’s homes and our car). I do not know if they are USCG approved yet (an over-wieldy and lengthy process, I believe), so keeping the old extinguishers will cover the regulatory requirements if they have not been approved yet.
I plan to use the Maus first and then use the older style extinguishers.
I am also considering an upgrade to the smoke/CO detectors I have on board, but am still thinking this through.
My best, Dick Stevenson, s/v Alchemy