19 May 2021
On 25 May, the CMVM promotes a debate on
“Literacy on the Capital Markets in Portugal: Findings and Challenges”, and
which is based on the results of one of the most complete surveys ever
conducted on specific financial literacy on capital markets in our country.
Financial literacy is essential for developing
a more informed society, for making financial decisions with better and greater
knowledge and for investor confidence. These are vital components of the much-needed
contribution of the capital markets for financing the economy and its recovery.
The opening remarks of the event will be delivered
by His Excellency the President of the Portuguese Republic, Professor Marcelo Rebelo de Sousa, followed by the
address of Elisa Ferreira, European Commissioner for Cohesion and Reforms.
The presentation of the survey will be made by
the consultant who led this work, Pierre Hausemer, Managing Director of Valdani
Vicari & Associati.
We will have Diogo Luís, Financial Advisor, Rui
Bairrada, CEO of Doutor Finanças, Celina Carrigy, Secretary of the CMVM
Management, Pedro Brito, Moderator of the financial literacy group on Reddit
and Bárbara Barroso, CEO of Money Lab, debating financial literacy and its
development and challenges. The journalist, Helena Garrido will moderate the
The survey included a sample of 15,173
individuals, representative of the Portuguese population by gender, age,
location size and geography. It was conducted between late 2020 and early 2021 in
the context of the pandemic. The questions in the survey focused on the
characterisation of the investor's profile in Portugal, their financial
situation and stances, knowledge about financial topics and information sources
used, among others. The findings of this
survey will inform a set of financial literacy initiatives focused on
responding to the challenges identified during the course of this work.
The survey is an initiative of the CMVM
supported by the European Commission’s Directorate-General for Structural
Reform Support under Community funding for promoting structural reforms.
This event is part of the CMVM's 30th
anniversary celebration programme, which began in late April and contributed to
highlighting some of the milestones in the development of the CMVM over the
past three decades; beginning with institutional consolidation in the 1990s,
followed by the strengthening of the regulatory framework and information and
support for investors in the first 10 years of this century and, in the last 10
years, crisis response and contributions to simplification, financial
innovation and EU Capital Markets Union.
- To register for the literacy
seminar access this link
- For more information on the events of the 30th anniversary access this link