2021-11-11

GEN.S.10.2 – Fit & Proper Requirements

The regulator establishes mandatory fit and proper requirements for key personnel and senior management to ensure operational competence and integrity. The framework requires individuals performing controlled functions to demonstrate sufficient knowledge, experience, and financial soundness before assuming their roles. Regulated entities must implement continuous assessment, monitoring, and reporting processes to maintain ongoing compliance with these personnel standards.

Namibia

Namibia Financial Institutions Supervisory Authority

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Create Date November 11, 2021

Last Updated October 22, 2024

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