Regulatory Alerts2022-09-20
Circular No. 04/EFI/2022, of September 20 – Compliance with Measures to Prevent and Contain the Spread of the COVID-19 Pandemic
The Bank of Mozambique issued Circular No. 04/EFI/2022 to mandate that credit institutions and financial companies strictly implement updated COVID-19 prevention measures, including providing hand sanitization products at all branches, ATMs, and payment kiosks, and enforcing a minimum two-meter interpersonal distancing rule. Regulated entities must deploy floor markings and informational signage to maintain distancing, collaborate fully with health authorities, and assign their administrative bodies to oversee compliance among staff and customers. Non-compliance with these directives is punishable under applicable law, and this circular immediately supersedes the previous February 2021 directive.
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