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Council of Ministers approves new board members of Banco de Portugal

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The government also approved new members of the board of directors of the regulator of insurance and pension funds

RODRRIGO ANTUNES/LUSA

The government also approved new members of the board of directors of the regulator of insurance and pension funds

RODRRIGO ANTUNES/LUSA

The government approved this Thursday in the Council of Ministers a resolution identifying the new members of the Board of Directors of Banco de Portugal (BdP), which appoints two deputy governors and three directors.

In a statement, the Council of Ministers confirmed the appointment of Clara Patricia Costa Raposo, who stepped down as President of Greenvolt on Tuesday, and Luis Maximo dos Santos. for deputy central bank governorsthe latter was reappointed to that position.

Francisco Guedes de Oliveira, Helena Maria de Almeida Martins Adegas and Rui Miguel Correia Pinto were confirmed as administrators.

Thus, these members join BdP Governor Mario Centeno and Administrator Elder Rosalino.

A resolution was also approved by which new members of the Board of Directors of the Securities Market Commission (KTSFB) are appointed, chaired by Luis Laginha de Souza🇧🇷

According to the Board’s statement, “the resolution appointing the new members of the Board of Directors of the Mercado de Valores Mobiliários Commission has been approved” and “Luis Manuel Sánchez Laginha de Souza has been elected to the position of Chairman of the Board of Directors.” .

In addition, “Maria Inés Ferreira Drumond de Sousa was appointed to the position of Deputy Chairman of the Board of Directors”, as well as members Juliano Filipe Loureiro Ferreira and Teresa Maria Pereira Gil.

Also this Thursday, the names of Adelaide Marques Cavalheiro and José Alarcao and Silva were confirmed. as new members of the Board of Directors of the Supervisory Authority for Insurance and Pension Funds (ASF)🇧🇷

“A resolution was approved appointing new members of the Board of Directors of the Supervisory Authority for Insurance and Pension Funds: José Diogo Duarte Santos de Alarcao and Silva to the position of a member of the Board of Directors; Maria Adelaide Rodriguez Marques Cavalheiro as a member of the Board of Directors,” reads the communiqué sent out following the meeting of the Council of Ministers.

Finally, two bills authorize the government to transpose European directives on copyright and related rights concerning online broadcasts and the digital single market.were approved this Thursday.

These two proposals aim to allow the government to “transpose Directive (EU) 2019/789, which lays down rules for the exercise of copyright and related rights applicable to certain online broadcasts by broadcasters and retransmission of television programs and radio, and Directive (EU) 2019 /790 on Copyright and Related Rights in the Digital Single Market,” the Council of Ministers said in a statement.

At stake the need to regulate the use of copyright works in the digital environment, namely on Internet platformsespecially tech giants like Facebook, Google and YouTube, who will now be responsible for copyright enforcement.

These directives were created to protect the ownership of the content of artists, musicians, writers and journalists on the Internet, as well as to create rules for the use of their works by third parties.

In September 2021, the Portuguese government had already approved two bills authorizing the government to legislate in order to transpose the European directives on the subject, which were to be adopted in national legislation by June of that year.

Source: Observador

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