Regulatory Alerts2019-12-17
Directive No. 11/DSB/DRO/2019: Financial Institutions Portal (PIF) Reporting Deadlines
The National Bank of Angola’s Banking Supervision and Financial System Regulation Departments issued Directive No. 11/DSB/DRO/2019 to align and standardize the electronic reporting deadlines for accounting, statistical, and management data submitted by supervised Financial Institutions via the Financial Institutions Portal (PIF). The directive mandates XML-formatted, final data submissions across daily, weekly, biweekly, monthly, quarterly, semi-annual, and annual frequencies, while explicitly maintaining compliance obligations despite error notifications. It supersedes prior conflicting regulations, notably Directive No. 10/DSB/DRO/2019, and establishes a comprehensive annex detailing specific reporting schedules, responsible departments, frequencies, and the SSIF/CIRC systems for monitoring regulatory own funds, liquidity risks, large exposures, and operational metrics.