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Angola
2022 (4 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Bureau de Angola
Company Information
Get to know Bureau de Angola
Authorized by the National Bank of Angola, Bureau de Informação de Crédito, S.A. (BIC) was established to manage a central database of credit information from both positive and negative credit histories of individuals and legal entities. Its mission is to support the Angolan financial system by providing reliable data to lenders, which helps reduce credit risk, prevent over-indebtedness, and promote a more transparent and efficient credit market in the country. BIC collects, processes, and shares information with financial institutions to facilitate responsible lending decisions.
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