Regulatory Alerts2021-11-22
Directive No. 14-DSB-DRO-2021, dated November 22
The Banco Nacional de Angola issued Directive No. 14-DSB-DRO-2021 to formally establish the list of relevant broadly diversified stock indices exempt from specific risk under market capital requirements. The directive mandates that financial institutions apply this Annex I list when calculating regulatory capital, thereby allowing them to disregard specific risk for the designated indices. It resolves interpretative ambiguities through the central bank and takes effect immediately upon publication on November 22, 2021.
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