{"id":488009,"date":"2026-01-29T14:56:43","date_gmt":"2026-01-29T14:56:43","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2026\/01\/29\/morocco-and-madagascar-conclude-a-cooperation-protocol-for-insurance-supervision\/"},"modified":"2026-01-29T14:56:55","modified_gmt":"2026-01-29T14:56:55","slug":"morocco-and-madagascar-conclude-a-cooperation-protocol-for-insurance-supervision","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2026\/01\/29\/morocco-and-madagascar-conclude-a-cooperation-protocol-for-insurance-supervision\/","title":{"rendered":"Morocco and Madagascar conclude a cooperation protocol for insurance supervision"},"content":{"rendered":"
<\/div>

The Insurance and Social Welfare Supervisory Authority (ACAPS) of Morocco and the Banking and Financial Supervisory Commission (CSBF) of Madagascar signed an agreement on January 27, 2026, to formalize and strengthen their cooperation in the supervision of insurance and reinsurance activities.<\/p>\n

According to the two institutions, this agreement reflects their shared commitment to deepen their institutional relations and promote coordinated supervision, based on regular dialogue, exchange of expertise, and a better understanding of the regulatory frameworks and practices of each authority.<\/p>\n

As part of this partnership, ACAPS and CSBF plan to establish cooperation mechanisms to address shared challenges in the insurance sector, particularly in terms of financial soundness of operators, risk management, protection of policyholders, and adaptation of supervision mechanisms to market and practice developments.<\/p>\n

In the spirit of South-South cooperation, this agreement demonstrates the joint commitment of ACAPS and CSBF to strengthening institutional capacities and consolidating effective insurance supervision. Ultimately, it aims to contribute to the stability, integrity, and proper functioning of insurance markets, in the interest of policyholders and contract beneficiaries.<\/p>\n

In Morocco, ACAPS is responsible for regulating and supervising the insurance and social welfare sector. Its oversight extends to insurance companies and intermediaries as well as social welfare organizations to ensure sector stability and compliance with current regulations.<\/p>\n

In Madagascar, CSBF is responsible for regulating, controlling, and supervising banks, financial institutions, and similar entities. It ensures the strength of the national financial system, stability of institutions under its supervision, and compliance with prudential and governance rules applicable to sector players.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

The Insurance and Social Welfare Supervisory Authority (ACAPS) of Morocco and the Banking and Financial Supervisory Commission (CSBF) of Madagascar signed an agreement on January 27, 2026, to formalize and strengthen their cooperation in the supervision of insurance and reinsurance activities. 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