RegAlertRule · BM · 10 Jan 1996
Notice No. 03/GGBM/96 of 11 July - Limits on Shareholdings in Other Companies
The Bank of Mozambique amended Article 3 of Notice No. 15/GGBM/94 to exempt shareholdings in other credit institutions, non-monetary financial intermediation institutions, credit auxiliary institutions, and insurance companies from previous restrictions. This regulatory change, issued by the Bank of Mozambique on 11 July 1996, specifically modifies the scope of limits on shareholdings in other companies for the affected financial entities.
BANCO DE MOÇAMBIQUE
NOTICE NO. 03/GGBM/96
SUBJECT: Limits on Shareholdings in Other Companies
The Bank of Mozambique, exercising the competence conferred upon it by paragraph d) of paragraph 2 of Article 37 of Law No. 1/92 of 03 January, determines:
Sole Article: Article 3 of Notice No. 15/GGBM/94 of 21 November is amended, which shall henceforth read as follows:
- .............................................................................................................................
- .............................................................................................................................
- .............................................................................................................................
- The provisions of the preceding paragraph shall not apply to shareholdings in other credit institutions of a different nature, in non-monetary financial intermediation institutions, in credit auxiliary institutions, and in insurance companies.
Maputo, 11 July 1996
The Governor
Adriano Afonso Maleiane
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
Lineage: No known changes
RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.
The links and the sentences they come from (2)
- Amends
“Article 3 of Notice No. 15/GGBM/94 of 21 November is amended”
- Issued under
“exercising the competence conferred upon it by paragraph d) of paragraph 2 of Article 37 of Law No. 1/92 of 03 January”
Timeline
This document amends: Notice No. 015/GGBM/94 of 21 November - Limits on Shareholding in Other Companies
Similar documents from other regulators
BNANotice No. 06/96 of April 17Angola · 1996-04-17
BRBCircular No. 09/2018 on the Acquisition and Holding of Shareholdings by Credit Institutions Issued Pursuant to Law No. 1/17 of August 22, 2017 Governing Banking ActivitiesBurundi · 2024-09-01
BFMInstruction No. 004/2000 on Credit Institutions' ShareholdingsMadagascar · 2000-10-27
BNRNational Bank of Rwanda Regulation No. 2310/2019 on Shareholding, Acquisition and Amalgamation of BanksRwanda · 2019-03-19
BRHCircular 82-3 on ShareholdingHaiti · 2020-10-12
CBECircular dated April 2, 2026 amending the definition of financial companies in which banks are allowed to contribute without a maximum limitEgypt · 2026-04-02
More like this from BM
BM published 1 document in the last 30 days. We email you each new one the day it's published.
Source: Banco de Mocambique — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated