Cape Verde SWF to stay under central bank

africa-finance

The Cape Verdean government has abandoned plans to move oversight of the country’s sovereign wealth fund from the central bank to the securities regulator. The move followed the refusal of the president, Jose Maria Neves, to sign the necessary draft law, which he returned to parliament on January 29.

The prime minister, Ulisses Correia e Silva, said on February 3 that the government would amend the law to keep the fund under the central bank’s remit.

The Cape Verdean parliament approved the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: