Regulatory Alerts2026-02-23
Notice No. 03/2026 of 23 February - Financial System - Corporate Governance Code for Financial Institutions
The National Bank of Angola issued Notice No. 03/2026 to regulate corporate governance and internal control standards for banking and non-banking financial institutions under its supervision. The notice mandates the establishment of robust organizational cultures, formal codes of conduct, and comprehensive policies for managing conflicts of interest and related-party transactions. It further assigns the governing bodies explicit responsibilities for risk appetite definition, independent control functions, data governance, and annual compliance reviews to ensure long-term financial stability and ethical operations.
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