Regulatory Alerts2021-09-27
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Instruction No. 14/2021 of 27 September
The Banco Nacional de Angola issued Instruction No. 14/2021 to establish minimum prudential requirements for liquidity risk management by Banking Financial Institutions under its supervision. The directive mandates the calculation and maintenance of a Liquidity Ratio and an Observation Ratio across defined time bands, requiring institutions to hold a 10% liquidity conservation reserve above minimum thresholds and report detailed cash flow maps individually and intra-group on a biweekly or monthly basis. Non-compliance triggers immediate reporting obligations, mandatory contingency action plans, and penalties under the General Regime of Financial Institutions Law.
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