The Securities Market Commission (CMVM) sees no reason, given the information available that justify the suspension of BCP shares. The bank has already indicated unaware of “any process of execution” against him to justify the suspension of the advanced trading by retail investors.
“Being aware that the CMVM has at the moment not there are reasons in the light of the Portuguese Securities Code, to justify the suspension of the title, “explained an official source from the regulator to the business.
The Association of Technical Analysts and Investors Capital Market ( ATM) sent on Tuesday a letter to the CMVM to request the suspension of BCP shares. Concerned, would be the opening of “execution process for payment by attachment of bank balances for breach of an obligation [for the bank], understanding that ATM that lack of clarification and evaluation of the result of such breach is harmful to the interests investors and the market in general. “
However, the bank led by Nuno Amado is unaware of” any enforcement proceedings “. “Millennium BCP has no knowledge of any obligation which payment is missing or any process of execution for debt payment with attachment of bank balances,” said an official source at the bank’s business.
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