Regulatory Alerts2021-10-27
Guideline No. 15/2021, of October 27
The National Bank of Angola issued Guideline No. 15/2021 to establish technical requirements for banking financial institutions on calculating regulatory capital for credit and counterparty credit risk, defining risk classes, and mandating periodic reporting. The regulation specifies risk-weighting coefficients based on external credit ratings, outlines transitional compliance deadlines through 2023, and revokes previous contradictory guidelines. Institutions must implement these prudential standards and reporting frameworks on an individual and consolidated basis, with full compliance required by December 2021.
Share