Regulatory Alerts2021-10-28
Guideline No. 16/2021 of 27 October
The Banco Nacional de Angola mandates that Banking Financial Institutions calculate regulatory capital requirements for market risk using standardized methodologies for net positions, debt instruments, and derivatives, while adhering to strict periodic reporting obligations on both individual and consolidated bases. The directive establishes specific risk weighting tables, defines key financial derivatives and position types, and sets transitional compliance deadlines requiring monthly individual and quarterly consolidated reporting until August 2022, followed by permanent quarterly reporting from September 2022. Non-compliance with these mandatory prudential standards constitutes a punishable offense under Angolan financial institution legislation.