The Insurance and Pension Fund Supervision Authority

The model of regulation and supervision of markets and sectors, in both Portugal and the European Union, has evolved to strengthen the independence of public regulatory and supervisory bodies from governments, specifically in terms of the various supervisory roles they have.

 

It was against this background that Law no. 67/2013 of 28 August – Regulatory Entities Framework-Law – was approved. This new law establishes a set of general principles and rules that require a revision of the statutes of Portuguese regulatory bodies and, in some cases, a change in their names.