Malawi is a landlocked country located in southern central Africa along the western part of the Great Rift Valley of Africa. Covering a total area of 118,484 km², it stretches some 900 km north to south, and between 90 and 161 km east to west. Malawi is bordered by the United Republic of Tanzania to the north and north east, Mozambique to the east, south and south west, and Zambia to the west. The country is divided into three regions: the Southern Region, which is undulating and densely populated; the Central Region, which consists of fertile plains and is well-populated; and the mountainous and sparsely populated Northern Region. Lake Malawi is the third largest lake in Africa, spanning a length of 568 km and a width of between 16 and 80 km. In the north, the Rift Valley Escarpment rises steeply from the Lake, reaching altitudes of 2,500m above sea-level. This area includes the Nyika Plateau and the forested Viphya Plateau.
Head of Authority: Dr Grant P Kabango
Sectors being Supervised: Banks and Non-banking Financial Services Industry, including Pension Funds, Insurance, Medical aid, Capital Markets, Collective Investments Schemes, Financial
The Committee of Insurance, Securities and Non-Banking Financial Authorities (CISNA) was established in 1998, pursuant to Annexure 10 of the SADC Protocol on Finance and Investment as a committee of authorities responsible for the supervision of insurance, securities, and non-banking financial institutions (NBFI) in SADC Member States. CISNA is part of the Directorate of Finance, Investment and Customs of the SADC Secretariat and reports to the SADC Committee of Ministers of Finance and Investment through the Committee of Senior Treasury Officials.