The Authority exists to supervise financial institutions and financial services and to advice the Minister of Finance on matters relating to financial institutional and financial services in terms of the Namibian Financial institution Supervisory Authority Act No. 3 of 2001. NAMFISA is the designated Anti Money Laundering (AML) / Combatting the Financing of Terrorism (CFT) Read more about What is Money Laundering?[…]

The Namibia Financial Institutions Supervisory Authority (NAMFISA) was established by an Act of Parliament (Act No. 3 of 2001) and is mandated to regulate and supervise the business of financial institutions and financial services. The Long and Short-Term Insurance Acts both require that no person shall carry on the business of an insurance agent or Read more about Insurance Agents[…]

The Authority exists to supervise financial institutions and financial services and to advice the Minister of Finance on matters relating to financial institutional and financial services in terms of the Namibian Financial institution Supervisory Authority Act No. 3 of 2001. NAMFISA is the designated Anti Money Laundering (AML) / Combatting the Financing of Terrorism (CFT) Read more about Penalties for Non-Compliance with FIA[…]