Committee of Insurance, Securities
and Non-Banking Financial Authorities

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Mozambique

Mozambique lies on the east coast of Southern Africa, measuring a total of some 799,380 km² in area. The country borders the United Republic of Tanzania, Zambia, Malawi, Zimbabwe, South Africa and Swaziland. The country’s extensive coastline stretches 2,515 km along the south east and east coast of Africa. The Zambezi and Limpopo rivers, two of Africa’s major rivers, flow through Mozambique to the Indian Ocean. There are a number of islands on the coast including the Quirimba Archipelago in the region of Cabo Delgado, Mozambique Island in Nampula province, Chiloane Island in Sofala, the Bazaruto Archipelago in Inhambane and Inhaca Island in Maputo province.

 

 

Banco de Moçambique

Head of Authority: Mr Ernesto Gouveia Gove

Sectors being Supervised: Non-Bank Financial Industry, Stock Market, Collective Investment Schemes (CIS), CIS Managers, Central Securities Depository, Brokers and Dealers.

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.

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