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Financial Supervisors Celebrate 2021 Financial Education Week

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The National Council of Financial Supervisors (CNSF) promotes the 2021 Financial Education Week from the 25th to 29th October, with the motto “10 years wherein Everyone Counts!” and marks a decade of activity of the National Financial Education Plan (PNFF).

Over the course of a week, the financial supervisors – Banco de Portugal, the Supervisory Authority for Insurance and Pension Funds (ASF) and the Securities Market Commission (CMVM) –, together with 15 PNFF partners, will promote circa 40 initiatives aimed at various audiences, including young people, senior citizens, managers of micro, small and medium-sized companies, footballers, employees, investors, the unemployed and teachers.

Among the Plan’s partners, the Ministry of Education, the Northern Regional Coordination and Development Commission, IAPMEI and the Portuguese Tourism Board, the Employment and Professional Training Institute (IEFP), the General Secretariat of the Ministry for Labour, Solidarity and Social Security, and the Professional Football Players Union, are highlighted.

In tandem, over 25 schools across the country, will develop awareness-raising activities on financial issues, aimed at students from different education levels, such as conducting surveys and interviews, producing videos, drawing up a family budget, competitions, building piggy banks and debates.

The initiatives are also aimed at 86 municipalities in the North Region and will also include the Regional Professional Training Services from nine citiesacross the country from north to south.

The 2021 Financial Education Week starts on the 25th October at 10h00 with the inaugural session to be held at the Jorge Peixinho Secondary School, in Montijo, which will include the participation of the Minister of Education, Tiago Brandão Rodrigues, the President of the CNSF and the Governor of Banco de Portugal, Mário Centeno, Vice-Governor of Banco de Portugal, Luís Máximo dos Santos, President of ASF, Margarida Corrêa de Aguiar, Director of CMVM, Rui Pinto, President of the Jury of the Todos Contam competition, Isabel Alçada, the General Director for Education, José Vítor Pedroso, and the National Coordinator of the School Libraries Network, Manuela Silva, as well as the City Mayor of Montijo, Nuno Canta, and the School Principal, Maria João Serra.

During the session, the schools awarded in the 10th edition of the Todos Contam competition and the winner of the 2021 “Teacher Award” will be announced. This session will be broadcasted live for the public and journalists. 

The Financial Education Booklet 4 for secondary education, will also be presented. With this new booklet, the Plan will be making didactic-pedagogical schoolbooks available for all basic and secondary education levels.

During the ceremony, a cooperation protocol will also be signed between the CNSF and the Ministry of Education, thus featuring the importance of the existing partnership between the financial supervisors and this Ministry, within the scope of promoting financial education in an educational and training context.

During the 10 years of the Plan’s existence, the Ministry of Education has been a strategic partner in the development of financial literacy in Portugal, highlighting, among other projects, the teacher training program, the production of teaching materials and also the introduction of Financial Education in primary and secondary education curricula.

The complete Programme with the initiatives of the 2021 Financial Education Week, which is constantly updated, can be consulted here.

This news item was originally published by the Portuguese Securities Market Commission (CMVM PT). For more information, please see the Source Link.

Regulator Information

Abbreviation: CMVM
Jurisdiction: Portugal

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