Constitution Of A Possible Parliamentary Inquiry Commission On The Situation That Led To The Nationalisation Of Bpn-Portuguese Bank Of Business And About The Inherent Banking Supervision

Original Language Title: Constituição de uma comissão eventual de inquérito parlamentar sobre a situação que levou à nacionalização do BPN - Banco Português de Negócios e sobre a supervisão bancária inerente

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now

Read the untranslated law here:

PARLIAMENT proposed replacement 1 presented by the PS, PPD/PSD and the CDS-PP Parliamentary Inquiry No. 8/X/4th (CDS-PP) The undersigned Members propose to Parliament the establishment of a Commission of inquiry into the situation that led to the nationalisation of BPN-Portuguese Bank of business, with the following subject: breaking situation clearance) of the BPN and of the fundamentals that led to nationalization; (b)) Which the facts or situations that contributed to facilitate, stimulate or hide the irregularities detected or now set for non-timely detection; c) the existence of any structural, institutional weaknesses or deficits and legislative framework or the functioning of credit institutions and financial corporations, which have facilitated or allowed the deficiencies revealed; d) how, in concrete, the Bank of Portugal, fully complied with its legal duties of supervision in relation to the Portuguese Bank of business between 2001 and 2008; and Assess the responsibilities for) action or omission, of the Bank of Portugal and its leaders in the performance of its statutory duties;

ASSEMBLY of the REPUBLIC 2 f) If there are rules in force about incompatibilities and impediments of holders and former holders of political office and of public office gaps or regulatory deficiencies, illustrated in the light of the incidents in the case BPN.

Palácio de s. Bento, 4 December 2008 Meps,