ANGOLA DELEGATION VISITS FIU MAURITIUS TO BOOST FINANCIAL INTELLIGENCE COLLABORATION
A high-level delegation from Angola recently completed a study visit to the Financial Intelligence Unit (FIU) in Mauritius, aimed at strengthening financial intelligence and compliance cooperation between the two nations.
About the Visit
The visit was led by Dr. Gilberto Moises Moma Capeça, Director General of FIU Angola, and comprised representatives from various key authorities, including:
- Angolan Insurance Regulation and Supervision Agency (ARSEG)
- Central Bank of Angola (BNA)
- Capital Markets Commission (CMC)
- Gaming Supervision Institute (ISJ)
- Intelligence and State Security Service (SINSE)
- External Intelligence Service (SIE)
Key Discussions
During the visit, which took place on November 28th and 29th, 2023, the Angolan delegation engaged in knowledge-sharing discussions with FIU Mauritius on:
Information Sharing among Competent Authorities
The delegation explored best practices for sharing information among competent authorities to enhance the effectiveness of financial intelligence.
Suspicious Transaction Reports (STRs)
Discussions focused on strategies for submitting STRs and improving their effectiveness in detecting and preventing money laundering and terrorist financing activities.
Outreach Strategies to Enhance STR Effectiveness
The team shared ideas on outreach strategies to improve the submission of STRs and increase public awareness about the importance of reporting suspicious transactions.
Capacity Development for Core Functions related to Financial Intelligence and Security
The delegation exchanged knowledge on capacity development initiatives for core functions related to financial intelligence and security, including training programs and technical assistance.
Benchmarking Exercise
A benchmarking exercise was conducted between Dr. Gilberto Moises Moma Capeça and Ms. Carine Charlette, Director of FIU Mauritius, providing a valuable platform for:
- Sharing best practices
- Exchanging ideas
- Identifying opportunities for collaboration and mutual learning between the two entities
Impact and Future Partnerships
The visit marked an important milestone in enhancing cooperation and collaboration between Angola and Mauritius in financial intelligence, IT security, and regulatory oversight.
It facilitated the exchange of knowledge and experiences and set the stage for future partnerships and joint initiatives aimed at strengthening the effectiveness of anti-money laundering and counter-terrorism financing measures.
The study visit is expected to have a lasting impact on the development of capacity building and information sharing in vital areas of financial regulation and security, ultimately contributing to stronger regional collaboration and more effective enforcement mechanisms.