Angola's Ministry of Finance reported that the Insurance Regulatory and Supervisory Agency (ARSEG) and the General Tax Administration (AGT) signed a cooperation protocol to strengthen institutional collaboration and build synergies linked to financial stability and economic development. The protocol establishes mechanisms for information sharing, coordinated supervisory actions and technical exchange aimed at improving oversight of the insurance sector and strengthening tax compliance. ARSEG linked the protocol to reducing tax evasion, combating illicit practices in insurance, and improving prudential and conduct supervision of insurance companies, alongside reinforcing integrity and good governance in the national financial system. AGT highlighted expected benefits for supervising compulsory insurance, including using shared databases to assess compliance with legal obligations, and indicated plans to develop communication platforms and knowledge-sharing to support more effective and fair taxation and better verification of potential wrongdoing in the financial sector.

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