05/09/2017 Resumo I9APayment systems are a vital part of the economic and financial infrastructure, especially in a context where they are increasingly complex and interconnected. Oversight of these infrastructures is particularly important and relevant within central banks, which take on the responsibility of promoting the stability, security and efficiency of such systems, with the aim of increasing confidence in them and in the central bank money and, at the same time, safeguarding the monetary policy transmission channel.Banco de Cabo Verde’s general responsibilities and powers as the overseer of payment systems are clearly recognized and assigned in Articles 19 and 21 of its Organic Law (Law No. 10/VI/2002, dated 15 July) and in Article 15 (j) of the Financial System Basic Law (Law No. 61/VIII/2014, dated 23 April), which give it, in particular, the legitimacy to collect information, carry out inspections and apply sanctions.In addition, Banco de Cabo Verde takes on the responsibilities assigned to central banks by the Bank for International Settlements (BIS), accepting and adopting the 24 principles applicable to all Financial Market Infrastructures, as established by that organization in terms of conducting oversight activities. In this context, a document establishing the Oversight Policy to be followed by this central bank was approved. It details the objectives, scope of action, standards and instruments used to conduct the oversight activities and ensure that operators in the Cabo Verdean Payment System comply with the international principles in this field. Links and related documents Principles for Financial Market Infrastructure - CPSS-IOSCO http://www.bis.org/cpmi/publ/d101a.pdf Disclosure framework and Assessment methodology, CPSS-IOSCO (December 2012) http://www.bis.org/cpmi/publ/d106.pdf Assessment of Euro Retail Payment Against the Applicable Core Principles- ECB (August 2005) http://www.ecb.europa.eu/pub/pdf/other/assessmenteuroretailpaymentsystems200508en.pdf Harmonized oversight approach and oversight standards for payment instruments, ECB (February 2009)https://www.ecb.europa.eu/pub/pdf/other/harmonisedoversightpaymentinstruments2009en.pdf Oversight Framework for card payments schemes, ECB (January 2008)https://www.ecb.europa.eu/pub/pdf/other/oversightfwcardpaymentsss200801en.pdf Oversight Framework for credit transfer schemes, ECB (October 2010)https://www.ecb.europa.eu/pub/pdf/other/oversightframeworkcredittransferschemes2010en.pdf Partilhar