The Bank of Cape Verde is hosting, for the third time, the Annual Meeting of Governors of Central Banks of Portuguese-Speaking Countries (BCPLP), focused on how central banks’ evolving mandates can align monetary policy with prudential responsibilities. The event, held at the Hotel Praia Mar conference room from 08:45 to 13:00, brings together governors and presidents of the central banks and monetary authorities of Portuguese-speaking countries and their delegations. Discussions will cover the post-2008 shift toward adding financial stability responsibilities, including macroprudential and resolution roles aimed at safeguarding the financial system and protecting depositors, alongside new supervisory challenges linked to technological change, new financial service providers, evolving payment systems, and changing consumer behaviour. The agenda also includes managing potential tensions between price stability and financial stability, implications for internal governance, resource and technical capacity constraints, and whether monetary policy frameworks, models and tools need to evolve to support the reconciliation of monetary and prudential policies.
Bank of Cape Verde 2025-10-01
Bank of Cape Verde hosts BCPLP annual governors meeting on reconciling monetary and prudential policy
The Bank of Cape Verde is hosting the Annual Meeting of Governors of Central Banks of Portuguese-Speaking Countries, focusing on aligning monetary policy with prudential responsibilities. Discussions will address the post-2008 shift towards financial stability roles, technological challenges, and the reconciliation of monetary and prudential policies.