National Bank of Angola separates financial regulation from supervision
Central bank creates two new departments
The National Bank of Angola is separating financial regulation from supervision in its organisational structure, as the central bank looks to optimise its supervisory functions.
According to a statement issued yesterday, the National Bank of Angola board of directors reviewed the current operating model and decided to "establish a clear separation between the exercise of developing standards and the role of monitoring [their] implementation".
With this reorganisation, which comes at a time when
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