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BoSS Hosts Insurance Licensing and Supervision Workshop

BoSS Hosts Insurance Licensing and Supervision Workshop

By: Daniel Mareng Wek Magok

Juba, February 24, 2026- Bank of South Sudan (BoSS), through its Directorate of Supervision and Regulation, organized on Tuesday a two-day workshop, focusing on regulations for the licensing and supervision of insurance businesses in South Sudan.

During the workshop, First Deputy Governor for Policy and Banking, Hon. Tong Akec Deng, urged insurance companies to comply with the new regulatory framework, stressing that adherence to regulations is vital for maintaining financial stability and protecting insurance companies.

Director General for Supervision and Regulation, Dr. Majok Kuol Mading, described the awareness workshop as a significant milestone marking a new phase of engagement between the regulator and insurance companies.

Director of Non-Banking Supervision, Agai Agai Maluil, said the workshop seeks to highlight licensing requirements, supervisory expectations and build the capacity of insurance companies to operate in line with established prudential standards.

The workshop was attended by BoSS Directors General, Directors, and representatives of insurance companies