Angola | 2017.12.18
REGISTRATION OF OFFICERS RESPONSIBLE FOR THE MANAGEMENT FUNCTION

Capital Market Commission ("CMC") Regulation No. 1/17, of 7 December of 2017, established requirements and procedures for the registration of those with a relevant management function in non-banking financial institutions linked to the capital and investment market, in companies managing collective investment undertakings, and in companies managing regulated traders. This Regulation also applies to the directors and managers of the branches or representative offices of the entities concerned.

 

These entities must request that the CMC register the persons in question within a period of 30 (thirty) days after their appointment, the request to be accompanied by a number of documents.

 

Entities that are already registered with the CMC, and whose managers have already been appointed, have a period of 6 (six) months to adapt to this Regulation.

 

The Regulation entered into force on the date of its publication.

 

For more information, please contact:

mirandaalliance-alert@mirandaalliance.com

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