Insurance and Retirement Funds

This division is responsible for the regulation and supervision of insurance and retirement funds industries as well medical schemes. It administers the Financial Services Regulatory Authority Act, 2010; Retirement Funds Act, 2005 and the Insurance Act, 2005, and their subsidiary legislations. Our supervisory work involves undertaking on-site inspections and off-site monitoring of entities falling under our mandate. Additionally the division ensures sound risk management and operating policies by supervised institutions amongst its many broad functions.