2021-11-11

MAF.S.7.5 Determination of Financial Soundness of a MAF

The regulatory authority issued standard MAF.S.7.5 to establish the formal framework for determining the financial soundness of a MAF. The standard mandates specific quantitative thresholds, audit procedures, and reporting timelines that designated entities must satisfy to maintain operational compliance. Implemented following its October 2024 update, the framework replaces prior assessment methods and applies uniformly across all regulated MAF structures.

Namibia

Namibia Financial Institutions Supervisory Authority

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Create Date November 11, 2021

Last Updated October 22, 2024

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