Regulatory Alerts2011-10-31
Notice No. 13/2011 of 24 October Establishing the Code of Conduct for Interbank Markets
The Bank of Angola issued Notice No. 13/2011 to formally establish and enforce a Code of Conduct for the Interbank Monetary and Foreign Exchange Markets, requiring all participating financial institutions to adhere to strict ethical and operational standards. The regulation mandates that market participants, including managers and operators, implement robust internal controls, maintain confidentiality, prevent money laundering, and ensure transparent trading practices to safeguard market integrity. Compliance is compulsory for market participation, with the notice entering into force on November 1, 2011, to promote professionalism, efficiency, and trust in Angola's financial system.
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