Regulatory Alerts2016-06-15
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Notice No. 02/2016 on Regulatory Own Funds
The Bank of Angola issued Notice No. 02/2016 to revise the regulatory framework for calculating and maintaining minimum solvency ratios for financial institutions under its supervision. The notice establishes detailed methodologies for determining Base and Supplementary Own Funds, including specific eligibility criteria for financial instruments and mandatory deduction rules. It mandates a transition period for compliance and explicitly revokes the previous Notice No. 05/2007 regarding solvability ratios.
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