Angola's Ministry of Finance published an update on a cooperation protocol signed between ARSEG and ISJ to formalise inter-institutional collaboration and strengthen supervision and enforcement across the gambling and insurance sectors, with a focus on preventing and combating money laundering and terrorist financing. The protocol is intended to support joint initiatives to improve supervisory mechanisms, reinforce compliance monitoring of legal obligations, and ensure the application of mandatory insurance requirements to gambling-sector companies. It also targets the prevention and combatting of illegal gambling, and ISJ linked the agreement to implementing provisions set out in the recently published gambling activity law (Law 17/24 of 28 October).
Ministry of Finance (Angola) 2025-07-08
Angola's Ministry of Finance announces ARSEG and ISJ cooperation protocol to strengthen supervision and AML/CFT in gambling and insurance
Angola's Ministry of Finance announced a cooperation protocol between ARSEG and ISJ to enhance supervision and enforcement in the gambling and insurance sectors, focusing on anti-money laundering and counter-terrorism financing. The protocol aims to improve compliance monitoring and enforce mandatory insurance requirements for gambling companies, aligning with the new gambling activity law.