Angola |
2022.03.21
New regulations on Autonomous Asset Compartments
CMC Regulation No. 3/22, of 9 March 2022, which came into force on 10 March, established the rules applicable to the incorporation, organization and operation of Investment Companies’ Autonomous Asset Compartments.
This statute determines the requirements and procedures for authorization and registration processes, and complements the legal framework for Autonomous Asset Compartments. In particular, it determines the segregation between the assets of each compartment and establishes a minimum limit of Kz 10,000,000.00 as the global net amount after the first six months of activity.
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