The Angolan parliament (National Parliament) has enacted the Law to Combat Illegal Mining Activity (Law 8/24, of 3 July 2024). The new law criminalizes conduct that stems from the illicit exploitation of mineral resources.
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The Angolan parliament (National Parliament) has enacted the Law to Combat Illegal Mining Activity (Law 8/24, of 3 July 2024). The new law criminalizes conduct that stems from the illicit exploitation of mineral resources.
By way of Order 2/24, of 22 March 2024, the Angolan Central Bank (BNA) adopted the regulations for implementation of Law 5/20, of 27 January 2020, on the Prevention and Combating of Money Laundering, Terrorist Financing and Proliferation of Weapons of Mass Destruction app..
By way of Order 1/24, of 21 February 2024, the Angolan Central Bank (BNA) has issued guidelines for the “Recovery Plans” to be submitted by financial institutions (banks) under the Financial Institutions Law. This article gives an outline of the Order.
Law 8/20, of 16 April 2020, – the “Environmental Protected Areas Regulations” – created a National Network of Protected Areas (Rede de Áreas de Conservação Ambiental). The Regulations of Law 8/20 have now been enacted by way of Presidential Decree 50/24, of 2 February 202..
Presidential Decree 213/23, of 30 October 2023, enacted a new “Legal Regime to Incentivize Domestic Production”. Highlights of the new regime: