Summary
CMVM Regulation No 4/2013 is a regulation issued by the Portuguese Securities Market Commission (CMVM) that provides guidelines and rules for companies listed on the Portuguese stock exchange to ensure they comply with good corporate governance practices. The regulation covers a wide range of topics, including board of directors' duties, the role of shareholders, the audit process, and transparency and disclosure requirements. It aims to strengthen the integrity and efficiency of the capital markets in Portugal, to protect investors' rights and to promote the long-term sustainable development of companies.