Regulation & Supervision

Our comprehensive regulatory and supervisory framework ensures the stability, integrity, and sustainability of the pensions and insurance sector.

Risk-Based Regulatory Approach

The Pensions and Insurance Authority employs a sophisticated risk-based regulatory and supervisory approach that focuses on identifying, assessing, and mitigating risks that may threaten the safety, soundness, and integrity of the pensions and insurance sector.

1

Risk Identification

Systematic identification of potential risks across the sector.

2

Risk Assessment

Comprehensive evaluation of risk impact and probability.

3

Risk Mitigation

Implementation of targeted measures to address identified risks.

Regulatory Consultation

Supervisory Process

Our supervisory process comprises comprehensive regulatory activities aimed at ensuring compliance and promoting market stability.

Law Formulation

Development and review of laws, regulations, and guidelines for the sector.

Compliance Monitoring

Continuous monitoring of licensed entities for regulatory compliance.

Enforcement

Enforcement actions against non-compliant entities and market misconduct.

Consumer Protection

Safeguarding policyholders and pension scheme members' interests.

Regulatory Framework

Our comprehensive legal and regulatory framework ensures effective oversight of the pensions and insurance industry.

Primary Legislation

  • • Insurance Act No. 27 of 2021
  • • Pension Scheme Regulation Act
  • • Pensions and Insurance Authority Act
  • • Financial Services Act

Regulations & Guidelines

  • • Insurance (Licensing) Regulations
  • • Pension Scheme (Registration) Rules
  • • Market Conduct Guidelines
  • • Prudential Standards

Supervisory Framework

  • • Risk Assessment Methodology
  • • Supervisory Review Process
  • • Enforcement Procedures
  • • Compliance Monitoring Tools

Regulatory Impact

Key statistics demonstrating our regulatory effectiveness and market coverage.

100+
Licensed Entities
K89B
Assets Under Management
98%
Compliance Rate
24/7
Market Monitoring

Need More Information?

Contact us for detailed information about our regulatory framework, licensing requirements, or supervisory processes.