Regulatory Alerts2017-09-22
Notice No. 16/GBM/2017, of September 22 – Concerning Market Discipline – Disclosure Requirements and Revoking Notice No. 19/GBM/2013, of December 31
The Bank of Mozambique issues Notice No. 16/GBM/2017 mandating all supervised credit institutions to disclose comprehensive solvency, liquidity, and risk management data aligned with Basel II Pillar 3 market discipline standards, thereby revoking the 2013 notice. The regulation establishes strict materiality and confidentiality thresholds, requiring semi-annual qualitative and quantitative disclosures on capital structure, credit, market, and operational risks, alongside quarterly prudential and financial indicators. It assigns full accountability to the management body for data accuracy and timely publication, mandates proof of compliance within ten days, and sets firm deadlines for online and print dissemination.
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