“The Governor acted perfectly legitimately” says Secretary of State – TSF Online

The Secretary of State considers that to provide information to the government that does not impinge on the “independence” of the regulator. Mourinho Felix admits, however, that he was “enlightened” with the explanations.

The Finance Secretary of State accepts the explanations given by the Bank of Portugal but still find that even so, the regulator I could have informed the government.

These are statements made by Ricardo Mourinho Félix SIC News on the application, without prompting the Portuguese Government, the Bank of Portugal made the European Central Bank to limit funding to Banif.

it is recalled that last week, the secretary of state had accused the BDP of having committed a “serious information gap” in the Banif problem resolution to have missed that urged the European Central Bank to limit funding to that financial institution.

the Governor of the Bank of Portugal, replied by two statements claiming that the regulatory authority has not informed the government because “could not.” Carlos Costa explained that the members of the Governing Council may not, by imposing the rules of the European System of Central Banks and of the Code of Conduct, disclose or prior discussion with the national authorities the issues to be decided by the Council.

Listen to the statements of Secretary of State for Finance SIC News

It was to that argument that in SIC Notícias, the Secretary of State of Finance granted the Governor of the Bank of Portugal acted within the rules that are imposed by the ECB, although it found that the information in question could have been provided without pinching independence governor.

Ricardo Mourinho Félix even admits that “the Governor acted perfectly legitimately and within what is the legal framework”.