{"id":462951,"date":"2018-10-23T13:13:08","date_gmt":"2018-10-23T12:13:08","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=462951"},"modified":"2018-10-23T13:13:08","modified_gmt":"2018-10-23T12:13:08","slug":"angola-three-banks-amended-by-the-capital-markets-commission","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/10\/23\/angola-three-banks-amended-by-the-capital-markets-commission\/","title":{"rendered":"Angola: three banks amended by the Capital Markets Commission"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Three Angolan banks were fined to the Capital Markets Commission (CMC) for violating their duty to provide information to the structure. These are the Economic Bank (BMC), Bank Fomenta Angola and Millennium Atlantico Bank (BMA).<\/p>\n<p>On its official website, the regulator of the securities market published last Friday a document that explains that it is on the basis of the fundamental law of financial institutions (LBIF) that the banks concerned will pay a fine of approximately $ 3,000 each.<\/p>\n<p>For the BFA, the CMC imposed a fine of approximately $ 1,500 in the form of a transaction provided for in the Fundamental Law of Financial Institutions.<\/p>\n<p>In addition, another fine, amounting to $ 3,000, was imposed on the financial intermediation agent Odell Gloval, a management company of collective investment undertakings, also for the practice of transgression under the same law. .<\/p>\n<p>It should be noted that the role of the Capital Markets Board (CMC) is to regulate, supervise, tax and promote the securities market and activities involving all agents involved, directly or indirectly.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Three Angolan banks were fined to the Capital Markets Commission (CMC) for violating their duty to provide information to the structure. These are the Economic Bank (BMC), Bank Fomenta Angola and Millennium Atlantico Bank (BMA). On its official website, the regulator of the securities market published last Friday a document that explains that it is<\/p>\n","protected":false},"author":533179,"featured_media":462955,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12000],"tags":[429,15533,15164,15532],"class_list":{"0":"post-462951","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-banks-insurance","8":"tag-angola","9":"tag-bma","10":"tag-bmc","11":"tag-cmc","12":"post_format-post-format-aside","13":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Angola: three banks amended by the Capital Markets Commission - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2018\/10\/23\/angola-three-banks-amended-by-the-capital-markets-commission\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Angola: three banks amended by the Capital Markets Commission\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2018\/10\/23\/angola-three-banks-amended-by-the-capital-markets-commission\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-23T12:13:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2018\/10\/4667973_6_bb6b_une-vue-de-luanda-capitale-de-l-angola-en-mai_55e4da53f0d65e6bc4fa1011c0d8f1e7-696x464.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"464\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ndeye Magatte Kebe\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ndeye Magatte Kebe\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/23\\\/angola-three-banks-amended-by-the-capital-markets-commission\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/23\\\/angola-three-banks-amended-by-the-capital-markets-commission\\\/\"},\"author\":{\"name\":\"Ndeye Magatte Kebe\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/55de6f6c153173c36b1543ff83ebe25e\"},\"headline\":\"Angola: three banks amended by the Capital Markets Commission\",\"datePublished\":\"2018-10-23T12:13:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/23\\\/angola-three-banks-amended-by-the-capital-markets-commission\\\/\"},\"wordCount\":175,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/23\\\/angola-three-banks-amended-by-the-capital-markets-commission\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/4667973_6_bb6b_une-vue-de-luanda-capitale-de-l-angola-en-mai_55e4da53f0d65e6bc4fa1011c0d8f1e7-696x464.jpg\",\"keywords\":[\"Angola\",\"BMA\",\"BMC\",\"CMC\"],\"articleSection\":[\"Banks &amp; Insurance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/23\\\/angola-three-banks-amended-by-the-capital-markets-commission\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/23\\\/angola-three-banks-amended-by-the-capital-markets-commission\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/23\\\/angola-three-banks-amended-by-the-capital-markets-commission\\\/\",\"name\":\"Angola: three banks amended by the Capital Markets Commission - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/23\\\/angola-three-banks-amended-by-the-capital-markets-commission\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/23\\\/angola-three-banks-amended-by-the-capital-markets-commission\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/4667973_6_bb6b_une-vue-de-luanda-capitale-de-l-angola-en-mai_55e4da53f0d65e6bc4fa1011c0d8f1e7-696x464.jpg\",\"datePublished\":\"2018-10-23T12:13:08+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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