Regulatory Alerts2013-04-29
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Notice No. 02/GBM/2013: Contingency Plan for Credit Institutions
The Bank of Mozambique approves the Contingency Plan for Credit Institutions, establishing specific definitions and intervention measures for authorized credit institutions. The regulation defines thresholds for systemic disturbances, such as 4% asset concentration or 25% uncertain credit, and classifies institutions by capital adequacy and liquidity ratios. It authorizes the Bank to impose preventive, corrective, and resolution measures, including liquidity assistance, dividend restrictions, and manager removal, based on these quantitative triggers. The Notice entered into force on the date of its publication on 29 April 2013.
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