Angola's Ministry of Finance approved a new legal framework to upgrade corporate governance requirements for issuing companies and the regime for public offers of securities, alongside stronger mechanisms for supervision and regulation of the capital market. The measures expand the supervisory role of the Capital Markets Commission (CMC), tighten transparency and disclosure obligations, and reinforce investor protection. The framework also aligns the market with international practices and with operating rules for regulated markets and multilateral trading facilities, and introduces stricter prevention and enforcement measures against illicit conduct including market abuse and the manipulation of inside information, with an emphasis on balancing effective accountability with faster supervisory processes.
Ministry of Finance (Angola) 2026-04-23
Angola's Ministry of Finance approves updated securities market rules strengthening CMC oversight and public offer requirements
The Ministry of Finance of Angola has approved a new legal framework strengthening corporate governance requirements for issuing companies and the regime for public offers of securities, while enhancing capital market supervision. The measures expand the supervisory role of the Capital Markets Commission, tighten transparency and disclosure obligations, reinforce investor protection, align with international practices and operating rules for regulated markets and multilateral trading facilities, and introduce stricter measures against illicit conduct including market abuse and manipulation of inside information.