Summary
The Corporate Governance Code and Legal Framework Consolidation of 2010 by the Comissão do Mercado de Valores Mobiliários (CMVM) aimed to consolidate the existing legal framework related to corporate governance practices in Portugal. The document provides a comprehensive overview of the various laws, regulations, and recommendations that companies must adhere to when implementing good corporate governance practices. It also includes a summary of the CMVM's recommendations on corporate governance, with a focus on board structure, director responsibilities, and the role of shareholders. Overall, the consolidation serves as a valuable resource for companies seeking to improve their corporate governance practices in Portugal.