The Portuguese Insurance Regulator published an interview with its president, Margarida Corrêa de Aguiar, in Jornal Económico at the close of her mandate, offering an overall positive assessment of the past six years while noting the impact of budget restrictions and spending freezes on the authority’s autonomy. The review pointed to progress in institutional modernisation, strengthened regulation and supervision, and increased transparency, financial literacy and consumer protection. The interview also covered forward-looking issues, including a proposal to create a protection fund against seismic events, the need to stimulate long-term savings and reinforce financial literacy, and the role of an EU-harmonised tax framework in supporting the development of a European PPR.
Portuguese Insurance Regulator (ASF) 2025-09-16
Portuguese Insurance Regulator president reviews six-year mandate and highlights seismic events protection fund proposal
The Portuguese Insurance Regulator's president, Margarida Corrêa de Aguiar, positively assessed her six-year tenure, highlighting progress in modernisation, regulation, and consumer protection despite budget constraints. She discussed future initiatives, including a seismic protection fund, enhancing long-term savings and financial literacy, and the importance of an EU-harmonised tax framework for a European Personal Pension Regime (PPR).