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) Supervisory body for accountable and reporting Institutions under its jurisdiction in terms of section 35 of the Financial Intelligence Act No. 13 of 2012 (herein referred to as the “FIA”) read with the Namibia Financial Institutions Supervisory Authority Act, 2001 (Act No. 3 of 2001).
In terms of section 35 of FIA, NAMFISA’s role is to supervise, monitor and enforce compliance with the FIA, regulations, orders, circulars, notices, determinations and directives issued in terms of the FIA. NAMFISA exercises jurisdiction only over accountable and reporting institutions specified in Schedule 1 and 2 of the FIA.
In terms of section 35 of FIA, NAMFISA’s role is to supervise, monitor and enforce compliance with the FIA, regulations, orders, circulars, notices, determinations and directives issued in terms of the FIA. NAMFISA exercises jurisdiction only over accountable and reporting institutions specified in Schedule 1 and 2 of the FIA.
What is Terrorist Financing
Terrorist financing is the collection or the provision of funds for terrorist purposes.
Why should we combat the financing/funding of terrorism?
NAMFISA Complaints Department:
(061) 290 5000 (main) or 290 5133 (Ms Marina
K. Ishidhimbwa) or 290 5207 (Ms Hilka Alberto),
Fax:
(061) 290 5122;
for online complaints email complaints@namfisa.com.na; visit www.namfisa.com.na or visit us on the: 6th Floor, Alexander Forbes House, 154 Independence Avenue, Windhoek.
* NAMFISA treats all information obtained from the public with confidentiality.
Issued by:
Phillip N. Shiimi
CHIEF EXECUTIVE OFFICER