Regulatory Alerts2017-03-27
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Instruction 04-2017 of March 27
The Governor of the Bank of Angola issued Instruction 04-2017 to alleviate foreign exchange shortages by temporarily suspending specific provisions of Notice 19/12. This directive permits banking financial institutions to settle merchandise import operations for up to 720 days from the date of the Single Document. Transactions exceeding this 720-day threshold remain subject to the Bank of Angola's licensing requirements under capital operations regulations.
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