Regulatory Alerts2020-04-23
Notice No. 4/GBM/2020, of April 23 – Establishes the Terms for Submitting Information to the Bank of Mozambique Necessary for Compiling Statistics on Emissions
The Bank of Mozambique issued Notice No. 4/GBM/2020 to expand statistical data collection by mandating credit institutions, financial companies, payment system participants, and securities traders to electronically submit monthly reports on securities, agency networks, ATM/POS usage, interest rates, credits, deposits, foreign exchange operations, and the National Payments System. The notice specifies detailed reporting criteria for each data category, requires submission by the 15th of each following month via standardized electronic models, and establishes a ninety-day adaptation period before its provisions take full effect. Non-compliance constitutes an offense punishable under applicable law, with interpretive disputes resolved by the Bank's Statistics and Reporting Department.