Regulatory Alerts2016-11-16
Instruction No. 26/2016 of 16 November on Liquidity Risk Governance
The National Bank of Angola issued Instruction No. 26/2016 to mandate comprehensive liquidity risk governance frameworks for all financial institutions, requiring them to systematically identify, assess, monitor, and control liquidity and funding risks across all legal entities, branches, and the group level. The directive obligates institutions to implement robust contingency funding plans, conduct regular stress tests against extreme scenarios, establish dynamic limits systems, and maintain diversified financing sources to ensure operational resilience. Furthermore, it enforces strict internal and external reporting standards, detailing specific qualitative and quantitative metrics that must be disclosed to management, stakeholders, and regulators, with non-compliance subject to administrative sanctions.