Angola’s ISJ meets operators as gambling sector deemed high risk for money laundering
Regulator presents National Risk Assessment and reinforces AML compliance at meeting with operators, reminding them to submit mandatory reports by March 31.
Angola.- Angola’s Gaming Supervision Institute (ISJ), which oversees the country’s gambling sector, met operators to present the National Risk Assessment and reinforce anti-money laundering standards. The regulator said the sector has been classified as high risk due largely to heavy cash usage.
The ISJ, which operates under Angola’s Ministry of Finance, held the training session on March 5 in Luanda, where representatives and compliance officers from gaming operators gathered to discuss measures aimed at preventing money laundering and terrorist financing.
Opening the session, ISJ Director General Nerethz Tati highlighted the regulator’s commitment to strengthening integrity across the sector. During the event, the regulator presented the conclusions of the National Risk Assessment, which classified Angola’s gaming sector as high risk, largely due to the sector’s heavy reliance on cash transactions.
The ISJ said: “The National Risk Assessment classifies the overall risk level of the gaming sector as high, largely due to the intensive use of cash, particularly in social and games of chance.”
To address the findings, the regulator delivered a training panel focused on correcting common errors made by operators when completing compliance documentation, including the Questionnaire and Self-Assessment Report (QAA and RAA).
The ISJ also reminded operators that submission of the RAA and QAA reports for the 2025 fiscal year is mandatory, with a legal deadline set for March 31.
