Abreu Advogados analyses developments in banking and capital markets regulation in Portugal
Ana Sofia Batista, Jorge Morais and Diogo Matos Horta, lawyers at Abreu Advogados, have authored Country Update – Portugal: Securities & Banking, published by Thomson Reuters.
The publication provides a comprehensive overview of the legal and regulatory framework governing the banking and capital markets sectors in Portugal, highlighting key legislative developments, market trends and challenges facing financial institutions and investors.
Among the topics covered are recent amendments to the Portuguese Securities Code, particularly those arising from the implementation of the European Listing Act legislative package, which aims to facilitate companies’ access to capital markets. The analysis also addresses developments in the asset management framework, new rules governing the assignment and servicing of bank loans, and the strengthening of supervisory mechanisms and investor protection.
In the area of digital transformation, the authors examine the impact of European initiatives such as the Markets in Crypto-Assets Regulation (MiCA) and the Digital Operational Resilience Act (DORA), which introduce new requirements for financial entities. The publication also pays particular attention to anti-money laundering measures, corporate governance in financial institutions and the growing importance of environmental, social and governance (ESG) criteria in the sector.