HALISTER1: Angola Seeks U.S. Help to Improve Banking Supervision: Angop

Angola Seeks U.S. Help to Improve Banking Supervision: Angop

(Bloomberg) -- Angola central bank seeks help from United States to improve mechanisms of banking supervision, Angop reports, citing interview with Governor Valter Filipe da Silva on state broadcaster TPA.
  • International banks, partners are “demanding” that Angola has “autonomous, robust” financial information unit to prevent and fight money laundering
  • Exchange policy is “a problem”; “We can’t have a country where foreign currency of banks and businesses come from foreign reserves of the country”

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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