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Research Reports   12/01/2012 Risk Outlook - 1st Issue November 2011 22/11/2011 Value-at-Risk: An Application to the Key Share Index of the Portuguese Market (Contents in Portuguese) 08/06/2011 Annual Report on Financial Analysis Supervision 1649 Kb 19/05/2011 Annual Report on the Corporate Governance of Listed Companies in Portugal - 2009 4204 Kb  29/12/2010 CMVM Research Paper No. 2/2010:  Spread Costs as an Implicit Factor of Transaction Costs (Contents in Portuguese) 17/02/2010 Complex Financial Products: Proposed Evalutation Methods 455 Kb  27/04/2010 Report on the Compliance Assessment of the CMVM Corporate Governance Code 21/12/2009 Historic Volatility as Risk Indicator for Investment Funds Download Version (Contents in Portuguese) 26/10/2009 Portuguese Retail Investor Profile Download version (Contents in Portuguese)   03/09/2009 The Management Profitability and Vitality of National Share Investment Funds (Contents in Portuguese) 11/08/2009 Administrative Infractions and Crimes in the Securities Market - Sanctions System - Legislative Evolution and Infractions Imposed since 1991  (Contents in Portuguese) 12/03/2009 The Non-Resident Investor Behaviour during the Financial Crisis on Euronext Lisbon  Download version 1456Kb  (Contents in Portuguese) 26/02/2008 Audit Reports on the Financial Statements of Companies with listed securities (Contents in Portuguese) 12/12/2007 Analysis on Compliance with the CMVM's Recommendations on Corporate Governance in 2006 (Contents in Portuguese) 24/07/2007 Results of Survey by the CMVM on Auditors (Contents in Portuguese) 25/01/2006 Research Paper on Financial Intermediation Costs in Portugal: Investment in Shares Download version 294Kb  (Contents in Portuguese) 25/11/2005 CMVM Issues Paper on the Risk Capital Sector in Portugal Download version 174Kb  (Contents in Portuguese) 27/05/2005 2nd Survey on the Profile of the Portuguese Investor On-Line  Download version 211Kb (Contents in Portuguese)    17/01/2003 1st Survey on the Activity of Financial Analysts in Portugal (Contents in Portuguese) 19/09/2002 Paper on the Investment Funds Industry in Portugal (Contents in Portuguese) 09/11/2001 CMVM Paper on Financial Analysts in Portugal and Investment Recommendations (Contents in Portuguese) 28/08/2001 CMVM Paper on the Impact of Tax Reforms on the Portuguese Capital Markets (Contents in Portuguese) 01/05/2001 2nd Survey into the Profile of the Portuguese Private Investor 28/08/2001 Response to the Recommendations Issued by the CMVM regarding Disclosure of Information on Corporate Governance Documents in Archive Euro-Guide (Contents in Portuguese) The CMVM and the Euro The Y2K Computer Bug (Contents in Portuguese) The Y2K Effect (Contents in Portuguese)