BoSS Concludes Workshop on Insurance and Microfinance Regulations
By: Daniel Mareng Wek Magok
Juba, February 25th, 2026– A two-day validation workshop, organized by Bank of South Sudan (BoSS), through its Directorate of Supervision and Regulation concluded on Wednesday in Juba.
The workshop, which began on Tuesday, focused on reviewing draft regulations for the licensing and supervision of insurance businesses in South Sudan.
The event is part of the central bank’s ongoing efforts to enhance the country’s financial regulatory framework and oversight of the insurance sector.
Participants also reviewed regulations governing microfinance institutions, aimed at improving financial inclusion and ensuring compliance with national standards.
In addition, stakeholders received updates on the progress of the World Bank-funded 3SF project, which supports financial sector stability in the country.
The workshop featured a presentation from the Financial Intelligence Unit (FIU), highlighting its mandate and emphasizing its critical role in combating money laundering and terrorism financing, as well as promoting transparency and accountability within the financial system.
BoSS’ First Deputy Governor for Policy and Banking, Hon. Tong Akec Deng called for teamwork. In attendance were the Director General for Supervision and Regulations, Dr. Majok Kuol Mading, Directors and representatives from Microfinance institutions.