Portuguese Securities Market Commission Explained

Agency Name:Portuguese Securities Market Commission
Nativename:Comissão do Mercado de Valores Mobiliários
Agency Type:Legal entity governed by public law
Jurisdiction:Portugal
Headquarters:Rua Laura Alves, n.º 4 - 1050-138 Lisbon
Chief1 Name:Gabriel Bernardino
Chief1 Position:Chair of the Management Board
Keydocument1:Decree-Law No. 142-A/91, of 10 April (inception of CMVM in portuguese)

The Portuguese Securities Market Commission, also known by its initials as "CMVM", is the Portuguese financial regulator that supervises and regulates securities and other financial instruments and activities of all those who operate within said markets.[1]

The CMVM is an independent public agency endowed with administrative and financial autonomy. It derives its income from supervision fees charged for services and not the General State Budget.

History

CMVM was incepted via Decree-Law No. 142-A/91, of 10 April, and established on 10 May 1991 following 30 days after its publication.

Mission

It is CMVM's mission to:

Structure

CMVM structure:

The CMVM integrates the European System of Financial Supervision and the National Council of Financial Supervisors.

See also

External links

Notes and References

  1. Web site: Securities Market Commission (Comissão do Mercado de Valores Mobiliários) (CMVM) (Portugal) . February 23, 2024 . Thomson Reuters.