This article presents a formalization of knowledge based on a connectionist model of a firm's structure. Transaction … costs are not ignored, but integrated with the knowledge-based approach. A numerical example on the canonical comparison of …

Principles for Portugal highlights the market analysis of the insurance market. Investment in domestic government bonds has … reserve that incorporates the changes in the market value of investments. Instituto de Seguros de Portugal (ISP) appreciated …

Portugal’s financial system is sound, well-managed and competitive, with shorter-term risks and vulnerabilities well …

and Principles of Securities Regulation for Portugal assesses the securities market. The legal and regulatory framework … authorizes banks to provide investment services under a universal banking model. Two main cash markets operate in Portugal …: Eurolist, operated by Euronext Lisbon, and the Mercado Especial de Dívida Pública (MEDIP), operated by MTS Portugal S.A. The …

This technical note explains stress testing for Portugal’s financial sector. A core part of the banking stress tests …

This Detailed Assessment of Observance of the Basel Core Principles for Effective Banking Supervision for Portugal … discusses the country's market structure. Portugal’s regulatory framework is modern and sound, and highly compliant with … international standards. Organic Law (OL) of Banco de Portugal (BdP) provides a clear framework, objectives, and responsibilities …

This technical note on Investor Protection, Disclosure, and Financial Literacy for Portugal explains investor … specialized program in securities at the university level. Portugal has implemented an investor compensation scheme, which covers …

, Ireland, and Portugal, and appreciated the accompanying statement by the Managing Director. They agreed that the report …