Two major shareholders control, together, two-thirds of the votes of a company listed on Euronext Lisbon following a business agreement between them. Between them, there is also a formal agreement that regulates how they must vote, who appoints the directors, and how shares can be sold. For the Portuguese Securities Market Commission (CMVM), ...
CMVM repeats the script at Impresa that has punished small investors for decades
Wednesday, 11 March 2026RSS
Context & Explainers
The CMVM is Portugal's securities market regulator (Comissão do Mercado de Valores Mobiliários), which supervises stock markets, investment firms and investor protection. The CMVM will shortly present a proposal to the Government for Savings and Investment Accounts (CPI), so investors should follow the proposal for changes to retail investment options.
