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

1PRTEA2007002 Image
Price:  $18.00

Release Date: © January, 2007
ISBN : 978-1-45183-224-2
Stock #: 1PRTEA2007002
English
Stock Status: On back-order

Languages and formats available

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Description

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 Dívida Pública (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.

Taxonomy

Capital markets , Economic development , Financial institutions and markets , Investment




More publications in this series: IMF Staff Country Reports