Regulatory Alerts2016-11-16
Instruction No. 27-2016 of November 16 on Market Risk Governance
The Bank National of Angola issued Instruction No. 27-2016 to mandate that financial institutions implement robust governance frameworks for identifying, assessing, monitoring, and controlling market risk. The directive establishes specific requirements for organizational structure, risk identification methodologies, stress testing procedures, and interest rate risk monitoring within the banking book. It further regulates transaction confirmation processes, limit management systems, and detailed internal and external reporting obligations to ensure regulatory compliance.
Share