Regulatory Alerts2021-05-21
Directive No. 04-DSB-DRO/2021, May 21
The Banking Supervision Department and the Financial System Regulation and Organization Department of the National Bank of Angola issued Directive No. 04/DSB/DRO/2021 to align and standardize the reporting deadlines for accounting, statistical, and management information submitted by financial institutions via the Financial Institutions Portal (PIF). The directive mandates electronic XML submissions with strict adherence to predefined models, establishes specific daily, weekly, biweekly, monthly, quarterly, semi-annual, and annual deadlines, and introduces fallback Excel submissions during system outages. It further defines validation rules, imposes penalties for non-compliance under Law No. 14/21, and revokes two prior directives to ensure consistent regulatory oversight.