Regulatory Alerts2024-01-30
Instruction No. 01/2024 of January 26
The Bank of Angola issued Instruction No. 01/2024 to establish minimum prudential liquidity risk requirements for Banking Financial Institutions under its supervision. The directive mandates the calculation and reporting of liquidity and monitoring ratios, alongside a 10% liquidity conservation reserve, based on detailed cash flow mapping across defined time bands. Institutions must comply with fortnightly and monthly reporting schedules, maintain ratios of at least 100% or 150% depending on currency scope, and submit immediate action plans if thresholds are breached.
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