Angola enhances oversight of gaming sector to combat illicit financial activities

On May 26, 2025, the Instituto de Supervisão de Jogos (ISJ) of Angola, under the leadership of its Director-General, Dr. Nerethz Tati, hosted a high-level meeting with the Unidade de Informação Financeira (UIF), led by its Director-General, Dr. Gilberto Capeça. The meeting took place at the ISJ headquarters in Luanda and was part of ongoing efforts to enhance institutional collaboration within Angola.

The strategic meeting aimed to reinforce cooperation in preventing and combating money laundering, the financing of terrorism, and the proliferation of weapons of mass destruction, particularly in the context of Angola’s current status under enhanced monitoring by the Financial Action Task Force (FATF).

During the working session, participants reviewed key milestones Angola has achieved in this domain. These include legislative progress, strengthened supervisory mechanisms, and the sustained commitment of Angolan institutions to implementing the FATF Recommendations.

The discussion also highlighted ongoing challenges, such as the need for greater technical and operational capacity in high-risk sectors, improved systems for reporting suspicious transactions, and the alignment of internal procedures with international standards on transparency and due diligence.

On the occasion, the ISJ reaffirmed its institutional commitment to working closely with UIF and other Angolan stakeholders to adopt effective measures that can identify, assess, understand, and mitigate the risks of money laundering, terrorist financing, and the proliferation of weapons of mass destruction—particularly within Angola’s gaming sector.