Title: Angola’s Crackdown on Money Laundering with Smile ID: Effective KYC Processes for Businesses

Angola’s Commitment to Upholding Regulatory Compliance

Angola is strengthening its stance against money laundering and terrorism financing by joining prestigious regulatory bodies such as the Financial Action Task Force (FATF) and the East and Southern African Anti-Money Laundering Group (ESAAMLG). In response, Angolan businesses are turning to advanced identity verification solutions like Smile ID to maintain international KYC/AML regulations.

Angolan Regulatory Landscape

KYC/AML Authorities in Angola

• Banco Nacional de Angola (BNA)
• Comissão de Mercado de Capitais (CMC)
• Instituto de Supervisão de Seguros (ISS)

Angolan Data Protection Regulations

1. Angolan Information Network Security Agency (INSA)
2. Angolan Data Protection Directive (DPD)

Streamlined KYC/AML Compliance with Smile ID

Key Benefits

• Most extensive ID coverage
• 99.8% recognition accuracy for faces of all skin tones
• Compatible with any device

Supported ID Documents in Angola

1. Angolan National ID
2. Angolan Passport
3. Angolan Driver’s License
4. Angolan Resident Card

Secure and Accurate Identification

Authentic ID Document Verification

• Text transcription accuracy (96%)
• Checks for authentic formats
• Detects tempered or forged documents
• Verifies security features

Get Started with Smile ID for KYC/AML Compliance in Angola

Contact us to discuss your requirements, answer any queries, and set up your Smile ID account. Ensure your business remains KYC/AML compliant in Angola while delivering seamless user onboarding experiences.