Angolan Capital Markets: Investments in Regulated Markets by Foreign Entities

Angolan Capital Markets

Investments in Regulated Markets by Foreign Entities

FACT: Angola's central bank (BNA) issued a legislation notice about the procedures required from foreign domiciled entities to invest in the country's debt and equity market (BODIVA) as well as other regulated markets. The BNA also issued another notice with an update of the rules for opening and moving deposit accounts held by foreign domiciled investors as well as foreign currency accounts held by foreign and local investors.

Notice n: 01/2017 establishes the procedures required from these entities to invest as well as transfer capital, interest, dividends and other income from transactions in these markets.

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