2021-11-11

Requirements for Voluntary Termination of a MAF

The regulator mandates specific compliance steps for entities seeking voluntary termination of a MAF, including written notification, financial settlement, and adherence to prescribed transition timelines. These requirements ensure that all operational obligations are fulfilled before the framework officially ceases. Compliance with this standard prevents regulatory gaps and protects stakeholder interests during the wind-down process.

Namibia

Namibia Financial Institutions Supervisory Authority

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Create Date November 11, 2021

Last Updated October 22, 2024

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