Regulatory Alerts2020-07-13
Directive No. 04/DSP-DIF/2020 of July 14
The Bank of Angola’s Payment System and Financial Inclusion Departments issued Directive No. 04/DSP-DIF/2020 to adjust reporting deadlines and standardize the statistical data format for mobile payment services provided by financial institutions. The directive mandates that monthly statistical reports be submitted via Excel to designated BNA email addresses by the 4th day of each following month, strictly adhering to specified decimal and thousands separators. It revokes the previous 2019 directive, establishes clear definitions for over forty mobile payment metrics, and enforces compliance through existing payment system and financial institution laws.
Share