Directive No. 10/DOB/2023, dated October 23

DIRECTIVE NO. 10/DOB/2023
ORIGIN: Banking Operations Department
DATE 23/10/2023
SUBJECT: FINANCIAL SYSTEM

• Report of the authorized signature books of
  Banking Financial Institutions
  Given the need to establish an efficient control mechanism for reporting the authorized signature books, for account transactions, regarding the bank reserves established by Banking Financial Institutions with the National Bank of Angola; Pursuant to the combined provisions of Article 36 of Law No. 14/21, dated May 19, the General Regime of Financial Institutions Law, and Articles 25 and Paragraph 1 of Article 98, of Law No. 24/21, dated October 18, the National Bank of Angola Law; This Directive serves to establish the following:

1. Banking Financial Institutions must submit by the last business day
   of each semester, to the National Bank of Angola, the updated signature books of their employees who have the authority to transact the established bank reserve accounts, as well as the details of their correspondent banks.
2. Without prejudice to the preceding paragraph, whenever there is
   any change and/or transition of the executive body, Banking Financial Institutions must submit the updated signature book, within a maximum period of 5 business days from the date of such change. GOVERNOR

CONTINUATION OF DIRECTIVE NO. 10/2023 Page 2 of 2
3. For the purposes of this Directive, the signature book must contain the
following information:
a) Name; b) Position/Role; c) Signature; d) Email; e) Date; f) Department/Area; and g) Telephone terminal.
4. The signature book must be signed by the President of the Executive Committee
of the Banking Financial Institution.
5. Under this Directive, the signature book information must be
reported via the electronic mail address DOB@bna.ao.
6. Non-compliance with this Directive constitutes an offense
stipulated and punishable, under Law No. 14/21, dated May 19, the General Regime of Financial Institutions Law.
7. Doubts and omissions resulting from the interpretation and application of this
Directive are resolved by the National Bank of Angola.
8. This Directive enters into force on the date of its publication.
Luanda, October 23, 2023.
BANKING OPERATIONS DEPARTMENT

Dilma Correia Lopes Silvestre Paim
-Director-