Summary
The Regulation amending Regulation 7/2001 and Regulation 11/2000 is a set of amendments issued by the Portuguese Securities Market Commission (CMVM) to update and enhance the Corporate Governance rules for companies listed on the Portuguese stock exchange. The amendments cover topics such as board composition, independence, and evaluation, remuneration, audit committees, risk management, and shareholder rights. The amendments aim to align the rules with international best practices and enhance transparency, accountability, and shareholder value. The amended regulations are mandatory, and companies are required to comply with the new provisions. The changes reflect the evolving nature of corporate governance and the importance of effective governance in the modern business landscape.