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Imagem do canal Insurance Insurance

As part of microprudential supervision, Banco de Cabo Verde is responsible for supervising and regulating insurance, reinsurance and insurance brokerage activities, establishing prudential, accounting and financial rules that those institutions must observe when operating in the financial sector. More information can be found below.


Imagem do canal Pension Funds Pension Funds
​As part of microprudential supervision, Banco de Cabo Verde is responsible for supervising and regulating pension funds, promoting the establishment, review and disclosure of prudential, accounting and financial rules, as well as guidelines and policies that pension fund management companies they are required to observe when they operate in the financial sector.

Also, in the area of regulation, authorization and registration, Banco de Cabo Verde is responsible for ruling on authorization applications for setting up, amendments to articles of association and the internal control system of pension fund management companies.

In terms of monitoring, among other duties, the bank is responsible for ensuring the maintenance of an appropriate balance between such companies’ risk profile and prudential indicators, by assessing their financial position and operational risks, as well as establishing measures and taking the actions that are necessary to achieve that objective.