Regulatory Alerts2012-04-19
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Statistical Information Notice No. 14/2012 on Balance of Payments
The Central Bank of Angola issued Notice No. 14/2012 to regulate the mandatory submission of statistical information by Sonangol, its affiliates, and petroleum operators for compiling the Balance of Payments and International Investment Position. The Notice mandates quarterly reporting with monthly breakdowns in Excel format, alongside an annual Forecast Exchange Budget submission by November 30, establishing strict confidentiality and designated Statistical Correspondents for each entity. Non-compliance triggers administrative sanctions or criminal penalties for refusal or falsification, with the regulation entering into force on May 13, 2012.
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