The Gaming Supervision Institute (ISJ) and the Capital Markets Commission (CMC) have formalized a new Institutional Cooperation Protocol, aiming to redefine oversight, risk tracking, and integrity across both sectors.
Signed at the end of October, this agreement goes beyond routine policy, marking the first time the gaming and financial sectors have formally committed to exchanging information, monitoring shared systems, and learning from one another.
Dr. Nerethz Tati, Director General of the ISJ, and Dr. Elmer Serrão, Chairman of the CMC, presided over the signing. The ambitious, yet straightforward, goal of the protocol is to establish a regulatory environment capable of tracing suspicious transactions before they can evolve into systemic risks.
The new framework is highly practical, encompassing technical cooperation, joint training sessions, and mandatory data sharing among investigators, regulators, and auditors from both institutions.
For years, both the ISJ and CMC have independently faced the challenge of preventing illegal funds from infiltrating legitimate systems. The protocol enables them to finally connect the dots and unify their efforts against financial crime.
A major driver for this action is the need to address concerns raised by the Financial Action Task Force (FATF), which recently placed Angola on its Grey List. The partnership is a direct, national response aimed at aligning the country’s financial and gaming sectors with international standards of transparency.
Beyond compliance, this union is seen by observers as a critical statement that Angola is serious about rebuilding confidence in its financial and gaming governance.
The implications of this agreement extend directly to the operators in both industries, who are now expected to immediately align their internal processes with the strengthened supervisory framework. This means internal audits must become sharper, risk management systems more proactive, and compliance officers more integral to day-to-day decision-making.
The reform necessitates a cultural shift, placing accountability and compliance at the center of all business operations. The partnership between the ISJ and CMC is seen as the catalyst for pushing Angola’s entire financial and gaming ecosystem toward genuine, lasting modernization.
ISJ (Statement on the Protocol):
“The signing of this protocol represents another firm and decisive step in consolidating a more transparent and controlled national financial system, aligned with international standards of integrity and risk prevention.”
ISJ (Statement on Operators):
“The protocol aims to strengthen the convergence of responsibilities among operators in the gaming and capital markets sectors through technical cooperation, information sharing and the exchange of experiences.”
