Regulatory Alerts2015-04-20
Notice No. 03/2015 of April 20 on the Advertising of Financial Products and Services
The Bank of Angola issued Notice No. 03/2015 to establish minimum information requirements and principles governing the advertising of financial products and services by supervised institutions. The regulation mandates transparency, veracity, and consumer protection by prohibiting misleading omissions, restricting specific promotional expressions, and ensuring balanced presentation of access conditions and limitations. Financial institutions are required to report advertising campaigns within five days of launch and remain fully liable for the accuracy of all promotional materials disseminated through any channel.
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