Directive No. 06-DMA-2018, of December 7

THE GOVERNOR
Considering the terms of Instruction No. 20/2018, dated December 3, regarding Exchange Rates; Given the need to adjust the process for determining primary market reference exchange rates and the exchange rates that commercial banks must apply. This Directive serves to establish the following:

1. Commercial banks must daily send to the National Bank of Angola information on transactions executed in the interbank foreign exchange market, as follows:
   a) By 16:30 – all transactions executed between 11:31 and 16:00; b) By 12:00 – all transactions executed between 8:00 and 11:30.

2. The information referred to in the preceding number must be submitted in XML format through the Financial Institutions Supervision System (SSIF).

DIRECTIVE No. 06/DMA/18
ORIGIN: ASSETS MARKETS DEPARTMENT (DMA) DATE 07/12/2018 SUBJECT: SUBMISSION OF INFORMATION ON THE INTERBANK FOREIGN EXCHANGE MARKET

Directive No. 06/DMA/2018 Page 2 of 3

3. Until it is possible to submit the information in the model referred to in the preceding number, it must be sent in Excel format to the email address dma@bna.ao, according to the template in the Annex, which is an integral part of this Directive.
4. The responsibility for submitting the information referred to in the preceding number lies with the selling bank.
5. The omission of providing the information stipulated in this Directive is punishable under Law No. 12/15, dated June 17, the Framework Law of Financial Institutions, and under Law No. 5/97, dated June 27, the Foreign Exchange Law, without prejudice to any other potentially applicable legislation.
6. The late submission of the information stipulated in this Directive is punishable under Notice No. 10/18, dated November 29.
7. Doubts and omissions arising from the interpretation and application of this Directive are clarified by the Assets Markets Department.
8. This Directive enters into force immediately.

Luanda, December 7, 2018.
ASSETS MARKETS DEPARTMENT

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Maria Cândida Sambingo
-Director-

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ANNEX
Foreign Exchange Purchase, Sale, and Conversion Transactions

Institution	Type of Operations	ME	Operation Date	Counterparty Institution	Currency Delivered	Value Delivered	Currency Received	Value Received	Exchange Rate