11/02/2025 Resumo I9AThe Compliance Function at Banco de Cabo Verde (BCV) was established in 2018 with the establishment of the Non-Financial Risk Management, Compliance and Business Continuity Management Office, with the aim of strengthening BCV's Internal Control System.The duties of BCV's Compliance Function are summarised as coordinating and ensuring compliance risk management in two main areas:i) compliance with ethical principles and standards of conduct (conduct risk); ii) compliance with legal obligations, in particular compliance with duties and procedures to prevent Money Laundering and Terrorist Financing (legal risk). To this end, the Compliance function assists the Board of Directors in supervising compliance risks (reputational risk, legal risk, litigation risk, risk of sanctions and some aspects of operational risk related to people, such as fraud) and disseminating the culture of compliance within the institution. It is therefore an ongoing endeavour, taking into account the constantly changing legal and social environments.This section publishes documents related to compliance issues that are relevant to Banco de Cabo Verde's stakeholders and the general public, with a view to transparency, which is an important instrument in the framework of central bank governance and accountability. Partilhar