Legislation and Regulation

Legislation and Regulation

 

After a review of the regulatory framework of the financial system, BNA has introduced a more sophisticated regulatory and prudential framework in order to comply with international standards and recommendations.

Recent legislation and published normative came to strengthen prudential standards, corporate governance, internal control and risk management system, prevention of money laundering, fight against terrorism and the harmonization of accounting rules with the International Accounting Standards / International Financial Reporting Standards.

This regulatory framework aims to stabilize, strengthen and empower the Angolan financial system in order to face the continuous changes in the international financial market, according to the best international practices.

(Last update: June 26, 2018)