The Bank of Mozambique issued new requirements for submitting information needed to compile central bank statistics covering securities issuance, transactions and holdings, the distribution of bank and financial company branches and agents, system interest rates, credit and deposits, the external sector and the National Payment System. In a separate notice, it approved Climate Risk Management Guidelines requiring supervised institutions to incorporate physical and transition climate risks into their risk governance and controls. The statistical reporting framework applies to credit institutions and financial companies, National Payment System participants and legal persons subject to foreign exchange legislation. It specifies granular data points and breakdowns, including securities data by instrument, investor and country of residence (with individuals aggregated by residence), and reporting in Mozambican meticais (MZN); payment system data such as ATM and POS counts and transactions, account and card statistics, mobile and internet banking subscribers, intrabank transactions, SWIFT message flows and remittances, service downtime and transaction failures, and fraud and rejected transactions, with several elements reported by province and district. Interest rate reporting must cover active and passive operations by maturity, prime rate, currency and rate statistics, with detailed customer and loan fields for new credit (including the taxpayer identification number). Credit and deposit statistics must also be segmented by institutional and activity sectors and include demographic and territorial dimensions; all mandated reporting must include data on persons with special needs by product or service. Submissions must be electronic and follow monthly, quarterly or annual periodicities, with reporting templates to be set by Bank of Mozambique circular; breaches are subject to penalties under applicable law and the prior reporting notice is revoked. The climate risk guidelines require institutions to identify, measure, control and monitor climate risks affecting financial and non-financial risk categories, integrate them into the existing risk management programme, incorporate climate-related stress test results into reporting and consider climate impacts in internal capital adequacy self-assessments; they also set expectations on governance, indicators by sector and geography, exposure limits, and improvements to data and systems. The statistical reporting notice takes effect 90 days after publication, while the climate risk guidelines take effect 180 days after publication.
Bank of Mozambique 2025-10-21
Bank of Mozambique expands mandatory statistical reporting and adopts climate risk management guidelines
The Bank of Mozambique introduced new data submission requirements for central bank statistics, covering securities, banking operations, and the National Payment System. It also approved Climate Risk Management Guidelines mandating institutions integrate climate risks into governance and controls. These measures apply to various financial entities and include detailed reporting specifications, with penalties for non-compliance.