Regulatory Alerts2025-12-03
Circular Letter No. 02/2025 – Financial System – Sustainability Principles of the Angolan Financial System
The Banco Nacional de Angola issued Circular Letter No. 02/2025 to mandate supervised financial institutions to systematically identify, categorize, and integrate socio-environmental risks into their governance frameworks and risk management models. The directive requires institutions to establish transparent oversight structures, implement a three-lines-of-defense model, and apply double materiality assessments across financial products, client portfolios, and economic sectors. Furthermore, it obligates institutions to define priority Sustainable Development Goals, track key performance indicators, and align long-term financial performance with sustainability targets through continuous monitoring and targeted training programs.
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