Regulatory Alerts2013-04-19
Notice No. 1/13 of April 19
The Central Bank of Angola issued Notice No. 1/13 to establish binding corporate governance obligations for authorized financial institutions and social participation management companies. The regulation mandates the implementation of robust capital structure transparency, defined risk management strategies, and clearly delineated organizational structures with delegated competencies. It further requires formalized remuneration policies, strict conflict of interest prevention, and comprehensive information disclosure to ensure financial system stability and operational accountability.
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