Region

Jurisdiction

Regulator

2021-02-24

Instruction No. 04/2021 of February 24

The Governor of the National Bank of Angola partially amends Instruction No. 20/20 by updating subpoints 2.1 and 4.1 to redefine the composition of the BCFTP Report and mandate that financial institutions implement and adapt relevant computer tools for money laundering, terrorism financing, and proliferation prevention by January 31, 2021. The revised text explicitly lists the four required annexes—Main Part, Management Declaration, Supervisory Opinion, and Self-assessment Questionnaire—and repeals the original subpoints alongside any conflicting regulations. This Instruction takes effect immediately upon publication, ensuring regulatory alignment with the national AML/CFT/CPF legal framework.

Angola

Banco Nacional de Angola

INSTRUCTION NO. 04/2021 of February 24

SUBJECT: FINANCIAL SYSTEM

Partial Amendment of Instruction No. 20/20 dated December 9 regarding the Report on Prevention of Money Laundering, Terrorism Financing and Proliferation

Whereas it is necessary to carry out a partial amendment of Instruction No. 20/20 dated December 9, regarding the Report on Prevention of Money Laundering, Terrorism Financing and Proliferation of Weapons of Mass Destruction; Pursuant to the provisions established in Article 9 of Law No. 05/20 dated January 27, the Law on Prevention and Combating Money Laundering, Terrorism Financing and Proliferation of Weapons of Mass Destruction, combined with Articles 4, 6 and 27, all of Notice No. 14/20 dated June 22, in the exercise of the powers conferred upon me by Article 51 of Law No. 16/10, dated July 15, the National Bank of Angola Act.

I HEREBY DETERMINE:

Amendment of the Wording of Subpoint 2.1 of Paragraph 2 of Instruction No. 20/20 dated December 9 “ Subpoint 2.1 of Paragraph 2 of Instruction No. 20/20 dated December 9” shall now read as follows: 2.1. The Report on Prevention of Money Laundering, Terrorism Financing and Proliferation of Weapons of Mass Destruction, hereinafter referred to as the BCFTP Report, to be submitted by Institutions is composed of: a) ANNEX I – Main Part; b) ANNEX II – Declaration of the Administrative Board;

CONTINUATION OF NOTICE NO. 04/2021 Page 2 of 2 c) ANNEX III – Opinion of the Supervisory Board; and d) ANNEX IV – Self-assessment Questionnaire. 2. Amendment of the Wording of Subpoint 4.1 of Paragraph 4 of Instruction No. 20/20 dated December 9 “ Subpoint 4.1 of Paragraph 4 of Instruction No. 20/20 dated December 9” shall now read as follows: 4.1. Institutions must implement and adapt tools and computer applications intended for the Prevention and Combating of Money Laundering, Terrorism Financing and Proliferation of Weapons of Mass Destruction by January 31, 2021. 3. Repealing Provision Subpoints 2.1 and 4.1 of Instruction No. 20/20 dated December 9, regarding the Report on Prevention of Money Laundering, Terrorism Financing and Proliferation of Weapons of Mass Destruction are hereby repealed, along with any other regulations that contradict the provisions of this Instruction. 4. Entry into Force This Instruction enters into force on the date of its publication. PUBLISHED. Luanda, February 24, 2021. THE GOVERNOR JOSÉ DE LIMA MASSANO