CMVM
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Statistics

Periodic statistics


Infractions

3rd Quarter 2015

During the third quarter of 2015, the CMVM rendered decisions in three administrative infraction proceedings, whereof two for breach of market information duties and one concerning collective investment schemes activity.
Three of said decisions rendered pertain to very serious administrative infractions. One warning notice was issued.

During said period, 30 administrative infractions proceedings were instituted, whereof 16 concerning breach of the duties of collective investment schemes, 10 for breach of market disclosure duties, 3 for financial intermediation duties and one for market trading duties.

Two cases were decided in court for breach of market trading duties and 11 cases are court-pending.

At end September, 127 administrative infraction proceedings in progress at the CMVM, whereof 39 for breach of collective investment scheme activity, 36 for breach of disclosure duties, 31 for breach of financial intermediation duties and 20 for breach of market trading duties and one for auditor performance.

 


Market Information Financial Intermediation Collective Investment Schemes Auditors Other Infractions Total
Since 1st Jan 3rd Q Since
1st
Jan
3rd Q Since
1st
Jan
3rd Q Since 1st Jan 3rd Q Since 1st Jan 3rd Q Since 1st Jan 3rd Q Since 1st Jan 3rd Q
CMVM
1.Proceedings brought forward

19


28


28


29


1


0


105
2.Proceedings instituted

1


1


11


10


3


3


18


16


0


0


0


0


33


30
3.Consolidation of proceedings 00 000 0 000 0000 0
4.Proceedings investigated but not instituted

0


0


0


0


0


0


5


5


0


0


0


0


5


5
5.Proceedings decided107240312000173
6. Proceedings in progress20
36
313910
127
Courts
7. Proceedings decided
2

2

1

0

1

0

0

0

0

0

0

0

4

2
8. Proceedings in progress
6

1

2

2

0

0

11