Portuguese Securities Market Commission

The Portuguese Securities Market Commission, also known by its initials as "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. It supervises and regulates securities and other financial instruments and activities of all those who operate within said markets. It is also CMVM’s mission to:
The CMVM is an independent public institution endowed with administrative and financial autonomy. It derives its income from supervision fees charged for services and not the General State Budget.
CMVM structure:
The CMVM integrates the European System of Financial Supervision and the National Council of Financial Supervisors.