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CONTACT DETAILSPostal and office address Members of the BoardChairman: MISSION STATEMENT/OBJECTIVESThe Portuguese Association of Financial Analysts (APAF) was established in 1984 to transfer financial information and expertise between analysts and investment managers in Portugal, enclosing other countries through the European Federation. In order to attain its objectives, APAF has been promoting several initiatives aiming to strengthen the professional qualifications of its members (through close relations with the most prestige institutions of higher education). Among those, we may stress the Post-graduations in Financial Analysis which confer the European Financial Analyst Diploma (CEFA - Certified European Financial Analyst). At the same time, APAF looks to acknowledge and reward the effort of institutions with particular interest on producing and diffusing financial and strategic information (trough the attribution of 'The Best Annual Reports' Awards). Finally, it aims to gather national financial analysts as well as to disclose relevant information for the exercise of this professional activity. On an international level, APAF is a member of The European Federation of Financial Analysts' Societies (EFFAS), participating in it's several initiatives and on it's specialised commissions that focus on the Financial Analysis several fields. In the past four years, APAF has experienced a diversification and expansion of it's activities, promoting seminars and conferences, organising several training initiatives and editing technical publications as well as promoting national and international corporate presentations. In addition, APAF has also known a closer relation with the corporate and financial community, which has contributed for a significant increase of it's members. APAF's Code of Conduct of the Financial Analyst was published in November 1999, as a result of the effort put in place by the Board of Administrators. After consulting a large and diversified number of market participants, APAF decided to go ahead with the ambitious task of providing it's members with a set of rules and principles they all should abide by. This contributes directly to dignify the financial analysis professionals and to promote the work of APAF.
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