Controlo interno e gestão de riscos: uma avaliação crítica do quadro legal aplicável ao sector bancário moçambicano

Abstract

The paper addresses questions about the regulation of the Mozambican financial system instituted by the Bank of Mozambique - BM as its supervisor, with regard to the internal control and risk management in Credit Institutions - IC ́s 1, its weaknesses and improvement opportunities. The same aims to narrow the gap in relation to internationally accepted practices of regulation of internal control and risk management, and the methods in force and instituted by the BM for the regulation of the Mozambican financial system. Throughout the work, a survey of relevant aspects was carried out on the control management and risk management that can serve as a basis for the creation of guidelines, which from of which the regulator of the Mozambican financial system, may require the CIs to adopt and application of internationally accepted good practices in internal control and risk management. Regulatory practices adopted by similar African banks and in relation to internal control and risk management, and then an analysis was carried out comparison of the regulatory practices adopted by the banks referred to above, with the instituted by the BM as supervisor of financial institutions in Mozambique. After the comparative analysis, it was concluded that there is a need to review the regulations instituted and in force, mainly with respect to the Notices 06 / GGBM / 99 (Internal control standards to be observed by Credit Institutions and Financial Companies - ICSF ́s) and 11 / GGBM / 99 (Disclosure of Financial Statements - DF ́s), there is a need to disclose the opinion of the External Auditors on the effectiveness of the internal control system - SCI in the form of an audit report in the Annual Report and Accounts of the ICs, and to require banks to create and adopt Committees for Audit and Risk Management. It is expected that the work will contribute to improving the regulation of the sector Mozambican financial system and for the dissemination of internationally accepted good practices in the regarding internal control and risk management in ICs. Equally, it is understood that the it will serve as a basis for the BM to reformulate its legal framework, fundamentally the related to internal controls and risk management in IC’s.(Nossa Tradução)