Regulatory Alerts2019-10-28
Directive No. 09/DSP/DIF/2019, dated October 29
The National Bank of Angola's Payment Systems and Financial Inclusion Departments issued Directive No. 09/DSP/DIF/2019 to standardize and accelerate the reporting of statistical data on mobile payment services by financial institutions. The directive mandates that monthly reports be submitted via designated email addresses in a specified Excel format by the fourth day of each subsequent month, strictly adhering to Annex I's detailed monthly payment schedule. It simultaneously revokes conflicting prior regulations, establishes clear penalties for non-compliance under existing payment and financial laws, and grants interpretive authority to the issuing departments.
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