“It is not for us to comment on the names that have been advanced, this is the responsibility of the Ministry of Finance”, highlighted Rui Pinto, director of the CMVM, at the press conference for the annual report of the capital markets regulator. Asked about the name given to her by the Jornal Economico, which appointed Margarida Matos Rosa to occupy the position of president of the CMVM board of directors, who resigned from the position this year.
On March 28, Gabriel Bernardino, who had barely been in office for four months, announced his retirement for health reasons. Three months later, the finance minister has still not appointed Bernardino’s successor, who was not present at this press conference.
“What I can say about the current context is, in a way, to convey a message of calm. This is an obviously atypical situation, not ideal, but transitory.”, underlined Rui Pinto. On the same occasion, he mentioned knowing that “there is a certain sense of urgency also on the Finance side, we know that steps are being taken to get an appointment as soon as possible.”
“The message that we want to make clear: even in the current context of a resigning president, the CMVM operates in a completely normal and regular way.” Both Rui Pinto and José Miguel Almeida, also director of the CMVM, mentioned that the “strategic plan is already defined, it is presented”, highlighting that the “The operation and performance of the CMVM is normal, obviously with some added pressure, but that’s what we’re here for.”
Asked if the CMVM has an answer for the PSD, which has expressed concern about the fact that there is still no candidacy for the presidency, José Miguel Almeida stressed that “the CMVM as a body does not give answers nor is it in charge of giving answers ”. to the political parties. Even so, he emphasizes that this entity “will be delighted to be called to Parliament” to make statements. “We have an obligation, which is an obligation that we gladly fulfill.”
Once again, José Miguel Almeida stressed that the situation the CMVM is going through is “temporary and that, due to its characteristics, it is preferable to take adequate time for a good solution than for a quick solution”. “The CMVM does not give answers [a partidos políticos]she will go where they call her and she will go with pleasure”, concluded this administrator.
Since the board of directors is expected to have five members (a president, a vice president and three members), it is currently operating with only two directors.
The market regulator imposed 38 fines in 2021 for a total of 11 million euros
Source: Observadora
