AML/ CFT/ CPF Supervision

The Supervisor of Insurance is the designated Supervisory Authority of the Insurance Sector under the Money Laundering and Terrorism (Prevention) Act (“MLTPA”). The Insurance Sector is required to comply with the AML/CFT/CPF Reporting Requirements issued under the MLTPA and the Insurance Act.

OSIPP supervises the insurance and private pension sectors in accordance with the appropriate legislation and in compliance with the:

  • The International Association of Insurance Supervisors (“IAIS”) Insurance Core Principles and Common Framework for the Supervisor of Internationally Active Insurance Groups
  • FATF Recommendations


where applicable.

As a member of the Group of Supervisor for AML/CFT/CPF, OSIPP issues GOS Advisories and provide guidance to the sector we supervise.