Portugal Financial Sector Assessment Program; Detailed Assessment of Observance of IOSCO Objectives and Principles of Securities Regulation

This Detailed Assessment of the Observance of International Organization of Securities Commissions (IOSCO) Objectives and Principles of Securities Regulation for Portugal assesses the securities market. The legal and regulatory framework authorizes banks to provide investment services under a univer...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2007
Series:IMF Staff Country Reports
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Detailed Assessment of the Observance of International Organization of Securities Commissions (IOSCO) Objectives and Principles of Securities Regulation for Portugal assesses the securities market. The legal and regulatory framework authorizes banks to provide investment services under a universal banking model. Two main cash markets operate in Portugal: Eurolist, operated by Euronext Lisbon, and the Mercado Especial de Divida Publica (MEDIP), operated by MTS Portugal S.A. The authorities broadly concur with the assessment, and welcome the overall judgment that the Portuguese framework is highly compliant with IOSCO Principles
Physical Description:62 pages
ISBN:9781451832242