Latest news and stories about cmvm in Portugal for expats and residents.
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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), ...
The Portuguese securities regulator (CMVM) says it did not open ongoing supervision of Oeno's wine investment fund because there were no interested investors to trigger that stage of oversight. Fund Box, the authorised manager and distributor of the fund, asserts it fulfilled its regulatory and contractual duties. The situation highlights a regulatory gap where authorisation to market a product did not lead to formal supervisory measures in the absence of subscriptions, raising questions about oversight triggers and responsibilities among managers, distributors and the regulator.
The official portal of the Comissão do Mercado de Valores Mobiliários (CMVM) is down following a technical fault in the power supply system, the regulator announced.
The CMVM (Portuguese Securities Market Commission) decided not to oblige the five children of Francisco Pinto Balsemão to launch a public takeover offer for the company that owns Expresso and SIC. A decision is still pending on the entry of Italian group MFE into Impresa's share capital.
The Portuguese securities regulator (CMVM) has ruled that the heirs of Francisco Pinto Balsemão are not required to launch a mandatory takeover offer for media group Impresa.
