The Bank of Mozambique issued a package of notices that (i) updates the rules for submitting data needed to compile financial, securities and payments statistics, (ii) approves climate risk management guidelines for supervised institutions, and (iii) sets guiding directives for policies promoting equitable access to and use of financial products and services. The new statistical reporting framework applies to credit institutions, financial companies, National Payment System participants and legal persons subject to foreign-exchange legislation, and replaces the prior 2020 notice. It expands the information set to include securities issuance, transactions and positions; branch and agent networks (including geospatial location); ATM and point-of-sale infrastructure and transaction activity; client, account and card counts (including basic or simplified accounts); mobile and internet banking subscriptions and transactions; electronic money accounts, agents and transactions; intrabank transactions; SWIFT message flows and remittances; and operational and fraud metrics such as service downtime, failed and rejected transactions, and payment and clearing fraud. The climate risk guidelines require institutions to identify and manage physical and transition risks and integrate them into risk management, governance and stress testing, supported by internal controls, an annually updated mitigation plan and market-discipline disclosures across governance, strategy, risk management and metrics and targets. The financial inclusion directives require institutions to adopt and implement a policy for equitable access and use, overseen by the board, including designation of a “Women Champion”, setting targets and indicators for women’s financial inclusion, and designing gender-sensitive products and delivery channels (including digital access). The statistical reporting notice enters into force 90 days after publication, while the climate risk management notice takes effect 180 days after publication.
Bank of Mozambique 2025-10-21
Bank of Mozambique sets new statistical reporting requirements and issues climate-risk and gender-equity directives
The Bank of Mozambique updated rules for data submission for financial statistics, approved climate risk management guidelines, and set directives for equitable financial access. The new framework expands data requirements and includes detailed transaction metrics. Climate risk guidelines mandate integration into risk management, while financial inclusion directives focus on gender-sensitive policies and women's inclusion.