Regulatory Alerts2025-12-30
Notice No. 7/2025, of December 23
The National Bank of Angola issued Notice No. 7/2025 to clarify mandatory reserve requirements and mitigate liquidity and credit risks in non-real-time unilateral fund transfer subsystems. This Notice establishes compliance requirements for Banking Financial Institutions when opening current accounts at other such institutions, applying the procedural rules of Notice No. 1/23 with necessary adaptations to account opening, operation, and closure. It repeals Notice No. 01/1997 on mandatory reserves, subjects non-compliance to penalties under Law No. 14/21, and enters into force the day following its publication.
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