Summary
Decreto-Lei n.º 158/2009 is a Portuguese law that establishes a new legal framework for the supervision of credit institutions and financial companies. The law aims to strengthen the stability and safety of the financial system by establishing a comprehensive and harmonized set of rules for the supervision and regulation of financial institutions. It establishes the Bank of Portugal as the main regulatory authority responsible for supervising financial institutions and outlines the various tools and procedures available to the regulatory authority to ensure compliance with the established rules and regulations. The law also introduces new provisions related to transparency and disclosure, risk management, and corporate governance in the financial sector.