Legislative Instruments

NAMFISA was established by the Namibia Financial Institutions Supervisory Authority Act, Act 3 of 2001. The Authority administers the following Acts statutes and related regulations:

Microlending Act No.7 of 2018 (330.37 KB)

Uploaded: October 22, 2019

CREDIT AGREEMENTS ACT 75 OF 1980 (133.08 KB)

Uploaded: March 28, 2017

EXEMPTION NOTICE MICROLENDER 2004 (2.35 MB)

Uploaded: March 28, 2017

FINANCIAL INSTITUTIONS (INVESTMENT OF FUNDS) ACT 39 OF 1984 (91.09 KB)

Uploaded: March 28, 2017

FINANCIAL INTELLIGENCE ACT 13 OF 2012 (500.49 KB)

Uploaded: March 28, 2017

FRIENDLY SOCIETIES ACT 25 OF 1956 (230.52 KB)

Uploaded: March 28, 2017

INSPECTION OF FINANCIAL INSTITUTIONS ACT 38 OF 1984 (101.67 KB)

Uploaded: March 28, 2017

LONG-TERM INSURANCE ACT 5 OF 1998 (320.14 KB)

Uploaded: March 28, 2017

MEDICAL AID FUNDS ACT 23 OF 1995 (197.11 KB)

Uploaded: March 28, 2017

NAMIBIA FINANCIAL INSTITUTIONS SUPERVISORY AUTHORITY ACT 3 OF 2001 (173.68 KB)

Uploaded: March 28, 2017

PENSION FUNDS ACT 24 OF 1956 (249.59 KB)

Uploaded: March 28, 2017

PUBLIC ACCOUNTANTS' AND AUDITORS’ ACT 51 OF 1951 (216.94 KB)

Uploaded: March 28, 2017

SHORT-TERM INSURANCE ACT 4 OF 1998 (312.90 KB)

Uploaded: March 28, 2017

STATE-OWNED ENTERPRISES GOVERNANCE ACT 2 OF 2006 (351.15 KB)

Uploaded: March 28, 2017

STOCK EXCHANGES CONTROL ACT 1 OF 1985 (243.55 KB)

Uploaded: March 28, 2017

UNIT TRUSTS CONTROL ACT 54 OF 1981 (214.81 KB)

Uploaded: March 28, 2017

USURY ACT 73 OF 1968 (239.16 KB)

Uploaded: March 28, 2017

Financial Institutions & Markets (2.94 MB)

Uploaded: June 25, 2020

Namibia Financial Institutions Supervisory Authority (391.56 KB)

Uploaded: June 13, 2019

Financial Services Adjudicator (312.91 KB)

Uploaded: June 13, 2019

CRITICAL REGULATIONS & STANDARDS FOR IMMEDIATE IMPLEMENTATION AFTER ACT IS IN FORCE (89.42 KB)

Uploaded: June 25, 2020

Definition of Valuator (233.38 KB)

Uploaded: June 25, 2020

CRITICAL REGULATIONS & STANDARDS FOR IMMEDIATE IMPLEMENTATION AFTER ACT IS IN FORCE (89.42 KB)

Uploaded: June 25, 2020

INS.S. 2.18 Certificate of registration (256.53 KB)

Uploaded: June 25, 2020

INS.S. 2.17 Voluntary cancellation of brokers registration (439.68 KB)

Uploaded: June 25, 2020

INS.S. 2.16 Registration of Lloyd’s Intermediaries.docx (318.69 KB)

Uploaded: June 25, 2020

INS.S. 2.15 Accounts and other information to be kept by registered insurers and reinsurers (247.91 KB)

Uploaded: June 25, 2020

INS.S. 2.14 Voluntary cancellation of insurers and reinsurers registration (502.56 KB)

Uploaded: June 25, 2020

INS.S. 2.13 Trust account and Returns (835.20 KB)

Uploaded: June 25, 2020

INS.S. 2.12 Soundness Financial Position (386.95 KB)

Uploaded: June 25, 2020

INS.S. 2.11 Registration Corporate Agents (505.15 KB)

Uploaded: June 25, 2020

INS.S. 2.10 Point of sale information (516.09 KB)

Uploaded: June 25, 2020

INS.S. 2.9 Commission (307.42 KB)

Uploaded: June 25, 2020

INS.S. 2.8 Cell Captive (501.42 KB)

Uploaded: June 25, 2020

INS.S. 2.7 Fair Treatment Industry (221.04 KB)

Uploaded: June 25, 2020

INS.S. 2.6 SOCI SOFP IB (15.56 KB)

Uploaded: June 25, 2020

INS.S. 2.6- Forms-NFI IB (419.69 KB)

Uploaded: June 25, 2020

INS.S. 2.6- Forms-AFI IB (577.25 KB)

Uploaded: June 25, 2020

INS.S. 2.6 Financial Reporting Brokers (212.21 KB)

Uploaded: June 25, 2020

INS.S. 2.5 Exemptions (322.09 KB)

Uploaded: June 25, 2020

INS.S. 2.4 Registration Brokers (684.60 KB)

Uploaded: June 25, 2020

INS.S. 2.3 Application for registration of Insurers and reinsurers (842.17 KB)

Uploaded: June 25, 2020

INS.S. 2.3 Application for registration of Insurers and reinsurers (842.17 KB)

Uploaded: June 25, 2020

INS.S. 2.2 Asset Liability Valuation for CAR (442.69 KB)

Uploaded: June 25, 2020

INS.S. 2.1 Capital Adequacy (772.81 KB)

Uploaded: June 25, 2020

CRITICAL REGULATIONS & STANDARDS FOR IMMEDIATE IMPLEMENTATION AFTER ACT IS IN FORCE (89.42 KB)

Uploaded: June 25, 2020

RF.S.5.25 Form of certificate of registration (235.83 KB)

Uploaded: June 25, 2020

RF.S.5.24 Registration requirements (351.22 KB)

Uploaded: June 25, 2020

RF.S.5.23 The fee that may be charged to members for copies (238.48 KB)

Uploaded: June 25, 2020

RF.S.5.22 Transfer of business (412.79 KB)

Uploaded: June 25, 2020

RF.S.5.20 Matters to be included in code of conduct (399.57 KB)

Uploaded: June 25, 2020

RF.S.5.19 Matters to be communicated to members and employers (469.99 KB)

Uploaded: June 25, 2020

RF.S.5.18 Matters to be included in an Investment Policy Statement (445.83 KB)

Uploaded: June 25, 2020

RF.S.5.17 Categories of persons having an interest in compliance (262.78 KB)

Uploaded: June 25, 2020

RF.S.5.15 Requirements for the annual report of a fund (274.16 KB)

Uploaded: June 25, 2020

RF.S.5.13 Requirements for a communication strategy of the board (248.30 KB)

Uploaded: June 25, 2020

RF.S.5.11 Alternative forms of payment of pensions for DC funds (253.70 KB)

Uploaded: June 25, 2020

RF.S.5.10 Conditions for actuarial exemption for DC funds (234.72 KB)

Uploaded: June 25, 2020

RF.S.5.9 Compulsory beneficiary nomination forms (449.13 KB)

Uploaded: June 25, 2020

RF.S.5.7 Minimum benefits that a fund must provide (342.23 KB)

Uploaded: June 25, 2020

RF.S.5.6 Requirements for voluntary termination of a fund (865.36 KB)

Uploaded: June 25, 2020

RF.S.5.5 Determination of financial soundness (267.64 KB)

Uploaded: June 25, 2020

RF.S.5.4 Requirements for the rules of a fund (525.30 KB)

Uploaded: June 25, 2020

RF.S.5.2 Investigation by and report of valuator (646.05 KB)

Uploaded: June 25, 2020

RF.S.5.3 Minimum information to be furnished by an employer (413.09 KB)

Uploaded: June 25, 2020

RF.S.5.1 Definition of Actuarial Surplus (430.31 KB)

Uploaded: June 25, 2020

CRITICAL REGULATIONS & STANDARDS FOR IMMEDIATE IMPLEMENTATION AFTER ACT IS IN FORCE (89.42 KB)

Uploaded: June 25, 2020

FS.S.6.18 Form of certificate of registration for a society (235.40 KB)

Uploaded: June 25, 2020

FS.S.6.17 Registration requirements for a society (349.03 KB)

Uploaded: June 25, 2020

FS.S.6.16 Period after which payment of contributions become due (226.15 KB)

Uploaded: June 25, 2020

FS.S.6.15 Persons who may keep money and assets (222.68 KB)

Uploaded: June 25, 2020

FS.S.6.14 The books of account and records to be kept (232.07 KB)

Uploaded: June 25, 2020

FS.S.6.13 The percentage of the fair value of property (218.73 KB)

Uploaded: June 25, 2020

FS.S.6.12 Valuation and report of the valuator (235.30 KB)

Uploaded: June 25, 2020

FS.S.6.11 Minimum number of members of a society (215.65 KB)

Uploaded: June 25, 2020

FS.S.6.10 Requirements applicable to exempted societies (221.97 KB)

Uploaded: June 25, 2020

FS.S.6.9 Requirements for voluntary termination of a society (248.04 KB)

Uploaded: June 25, 2020

FS.S.6.8 Determination of financial soundness of a society (235.53 KB)

Uploaded: June 25, 2020

FS.S.6.6 Requirements for the rules of a society (336.80 KB)

Uploaded: June 25, 2020

FS.S.6.5 Requirements for annual report of a society (237.24 KB)

Uploaded: June 25, 2020

FS.S.6.4 Management and governance of a society (237.30 KB)

Uploaded: June 25, 2020

FS.S.6.2 Statement of liabilities (264.09 KB)

Uploaded: June 25, 2020

FS.S.6.1 Statement of assets (254.41 KB)

Uploaded: June 25, 2020

CRITICAL REGULATIONS & STANDARDS FOR IMMEDIATE IMPLEMENTATION AFTER ACT IS IN FORCE (89.42 KB)

Uploaded: June 25, 2020

MAF.S.7.16 Period after which payment of contributions become due (225.41 KB)

Uploaded: June 25, 2020

MAF.S.7.15 Form of certificate of registration for a MAF (234.99 KB)

Uploaded: June 25, 2020

MAF.S.7.14 Application for registration of a MAF (348.86 KB)

Uploaded: June 25, 2020

MAF.S.7.13 Waiting periods and other periods (232.37 KB)

Uploaded: June 25, 2020

MAF.S.7.12 Requirements for the annual report of a MAF (398.95 KB)

Uploaded: June 25, 2020

MAF.S.7.11 Minimum number of members of a MAF (221.62 KB)

Uploaded: June 25, 2020

MAF.S.7.10 Requirements for the report of the valuator of a MAF (234.85 KB)

Uploaded: June 25, 2020

MAF.S.7.8 Requirements for voluntary termination of a MAF (350.92 KB)

Uploaded: June 25, 2020

MAF.S.7.7 Provision of written proof of membership (220.87 KB)

Uploaded: June 25, 2020

MAF.S.7.5 Determination of financial soundness of a MAF (241.62 KB)

Uploaded: June 25, 2020

MAF.S.7.4 Requirements for the rules of a MAF (544.90 KB)

Uploaded: June 25, 2020

CRITICAL REGULATIONS & STANDARDS FOR IMMEDIATE IMPLEMENTATION AFTER ACT IS IN FORCE (89.42 KB)

Uploaded: June 25, 2020

General Chapter Standards Government Notice 2018 (917.07 KB)

Uploaded: June 25, 2020

Related Party Transactions with Board For Industry Consultations (375.67 KB)

Uploaded: June 25, 2020

Approval of Name Change Use of Another Name or Shortened For Industry Consultations (617.90 KB)

Uploaded: June 25, 2020

CRITICAL REGULATIONS & STANDARDS FOR IMMEDIATE IMPLEMENTATION AFTER ACT IS IN FORCE (89.42 KB)

Uploaded: June 25, 2020

FM.S.3.8 The limits for the purposes of an affected transaction (268.42 KB)

Uploaded: June 25, 2020

FM.S.3.5 Demutualisation of an SRO (429.22 KB)

Uploaded: June 25, 2020

FM.S.3.4 Information about an issuer and securities being issued (343.06 KB)

Uploaded: June 25, 2020

FM.S.3.3 Matters to be included in a report referred to in s 113 of the Act and the manner and timing of such report (242.58 KB)

Uploaded: June 25, 2020

FM.S.3.2 Annual Report of a self-regulating entity (245.25 KB)

Uploaded: June 25, 2020

FM.S.3.1 Matters to be included by a registered exchange in its listing requirements (247.62 KB)

Uploaded: June 25, 2020

CRITICAL REGULATIONS & STANDARDS FOR IMMEDIATE IMPLEMENTATION AFTER ACT IS IN FORCE (89.42 KB)

Uploaded: June 25, 2020

CIS.S.4.14 – Application for registration as manager of a CIS (666.09 KB)

Uploaded: June 25, 2020

CIS.S.4.13 Calculation of fair value of a security (369.82 KB)

Uploaded: June 25, 2020

CIS.S.4.12 Matters to be regulated by deed (277.59 KB)

Uploaded: June 25, 2020

CIS.S.4.11 Meaning of net asset value (251.69 KB)

Uploaded: June 25, 2020

CIS.S.4.10 Permissible deductions from a portfolio (247.71 KB)

Uploaded: June 25, 2020

CIS.S.4.9 Requirements for the exercise of voting power conferred (267.89 KB)

Uploaded: June 25, 2020

CIS.S.4.8 Assets that must be included in a portfolio of a CIS (240.56 KB)

Uploaded: June 25, 2020

CIS.S.4.7 Requirements with respect to trustees and custodians of CIS (248.52 KB)

Uploaded: June 25, 2020

CIS.S.4.6 Actions that NAMFISA may take against (257.27 KB)

Uploaded: June 25, 2020

CIS.S.4.5 Minimum investment periods for investment in CIS unlisted securities (241.38 KB)

Uploaded: June 25, 2020

CIS.S.4.4 Minimum investment periods for investment in CIS bonds (240.91 KB)

Uploaded: June 25, 2020

CIS.S.4.3 Rules for administration of CISs under one (259.77 KB)

Uploaded: June 25, 2020

CIS.S.4.2 Other information and material (254.87 KB)

Uploaded: June 25, 2020

CIS.S.4.1 Additional information required to enable an investor (272.01 KB)

Uploaded: June 25, 2020

CRITICAL REGULATIONS & STANDARDS FOR IMMEDIATE IMPLEMENTATION AFTER ACT IS IN FORCE (89.42 KB)

Uploaded: June 25, 2020

CRITICAL REGULATIONS & STANDARDS FOR IMMEDIATE IMPLEMENTATION AFTER ACT IS IN FORCE (89.42 KB)

Uploaded: June 25, 2020

INS.R. 2.3 Amount of protection afforded life policies (208.70 KB)

Uploaded: June 25, 2020

INS.R. 2.2 Defined terms (340.90 KB)

Uploaded: June 25, 2020

INS.R. 2.1 The meaning of Microinsurance (335.83 KB)

Uploaded: June 25, 2020

CRITICAL REGULATIONS & STANDARDS FOR IMMEDIATE IMPLEMENTATION AFTER ACT IS IN FORCE (89.42 KB)

Uploaded: June 25, 2020

RF.R.5.11 Exemption form prohibited investments (213.66 KB)

Uploaded: June 25, 2020

RF.R.5.10. Preservation of retirement benefits (451.76 KB)

Uploaded: June 25, 2020

RF.R.5.8 Protection of Unpaid Contributions (236.56 KB)

Uploaded: June 25, 2020

RF.R.5.7 Rate of Interest payable on benefits not transferred (248.25 KB)

Uploaded: June 25, 2020

RF.R.5.5 Loans (246.04 KB)

Uploaded: June 25, 2020

RF.R.5.4 Funds to be exempted (215.25 KB)

Uploaded: June 25, 2020

RF.R.5.3 Distribution of Surplus (442.84 KB)

Uploaded: June 25, 2020

RF.R.5.1 Classes of Funds (214.15 KB)

Uploaded: June 25, 2020

CRITICAL REGULATIONS & STANDARDS FOR IMMEDIATE IMPLEMENTATION AFTER ACT IS IN FORCE (89.42 KB)

Uploaded: June 25, 2020

FS.R.6.3 Exemption from investment limits (213.04 KB)

Uploaded: June 25, 2020

FS.R.6.2 Investment limits (434.16 KB)

Uploaded: June 25, 2020

FS.R.6.1 Amount of income for Chapter 6 not to apply (216.95 KB)

Uploaded: June 25, 2020

CRITICAL REGULATIONS & STANDARDS FOR IMMEDIATE IMPLEMENTATION AFTER ACT IS IN FORCE (89.42 KB)

Uploaded: June 25, 2020

MAF.R.7.1 Insurance policies to be excluded from MAF business (438.36 KB)

Uploaded: June 25, 2020

MAF.R.7.2 Investment limits for medical aid funds (261.44 KB)

Uploaded: June 25, 2020

CRITICAL REGULATIONS & STANDARDS FOR IMMEDIATE IMPLEMENTATION AFTER ACT IS IN FORCE (89.42 KB)

Uploaded: June 25, 2020

General Chapter Standards Government Notice 2018 (917.07 KB)

Uploaded: June 25, 2020

Related Party Transactions with Board For Industry Consultations (375.67 KB)

Uploaded: June 25, 2020

Approval of Name Change Use of Another Name or Shortened For Industry Consultations (617.90 KB)

Uploaded: June 25, 2020