Luís Máximo dos Santos: Corporate governance - importance and limits Address by Mr Luís Máximo dos Santos, Vice-Governor of the Bank of Portugal, at the Conference "Corporate Governance - creating value for society", organized by the Portuguese Institute of Corporate Governance (IPCG), Lisbon, 25 October 2018. * * * 1.
He listed the following four concerns: •  Restricted term limits for directors;  •  Potential conflict between two regulators;  •  Non-recognition of the evolution of credit union services beyond “collecting people’s money and loans”; and  •  Regime of criminalizing violations in the Credit Union Bill that will hamper volunteerism in the movement  I would like to address each concern in order to dispel, as far as practicable, any lingering fears.