Know what you want to inspect the CMVM in Montepio – TVI24

The TVI had access to the full document of the Securities Market Commission (CMVM) that requests the Board of Directors of Caixa Económica Montepio Geral Order detailed elements, notably on control internal, money laundering prevention and conflict of interest. Montepio has until July 20 to respond to all questions.

In addition to the documentation, the CMVM indicates it will hold an in-person supervision.

The document CMVM that the TVI had access was received on July 6 by the Board of Directors of Montepio. The stock market supervisor is clear in requesting and focuses on various activities in 30 points.

initial request of CMVM elements to Caixa Económica Montepio Geral
(without a list of 171 clients on which the CMVM want to know information)

Point 3 asks ” copy of the signed contracts and agreements between the bank and mutual association “ and ” description information exchange mechanisms to support the advice given “.

The CMVM also calls on the ninth point “internal audit reports” relating to:

(c) – the reception and transmission of orders for others;

(d) – the prevention and control of money laundering and terrorist financing

(f.) – the bank holding fund

Montepio also have to send until July 20, can be read in paragraph 12, the record of all financial intermediation activities that led to conflicts of interest .

In this cross inspection to the bank’s activity They are also requested emEexel lists (paragraph 18 and 19) of suspected money laundering and terrorist financing operations.

A few points ahead, and in great detail, the CMVM still want to see (point 27) the position of the financial instrument portfolios of customers with account numbers, currency and amount.

At the end (point 30) of 11 pages, it lists 171 customers who have subscription operations units of the bank’s equity fund. Of these, 55 are the target of a request for more detailed information, such as statements of account records or details of the number of securities accounts.

In this list of 171 people, is Paulo Guilherme , the son of Amadora builder who allegedly offered a “gift” to Ricardo Salgado. Paulo Guilherme is the largest subscriber units, with an investment of 20 million euros.

In the list, is also the Angolan investor Eurico Sousa Brito , who applied 12 million euros.

These two clients have been financed by Finibanco Angola – which belongs to the Montepio – an operation that is being investigated by the Bank of Portugal.

Contacted by TVI , Montepio ensures that documents will be delivered within the deadline which ends on 20 July.