2021-11-10

CIS.S.4.7 – Requirements with Respect to Trustees and Custodians of CIS

The regulator issues CIS.S.4.7 to mandate strict governance and operational standards for the trustees and custodians of collective investment schemes. The standard requires independent asset custody, active trustee oversight, and clear conflict-of-interest protocols to safeguard investor funds. Updated in October 2024, the framework clarifies compliance thresholds and reporting obligations to strengthen market integrity.

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Namibia Financial Institutions Supervisory Authority

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Create Date November 10, 2021

Last Updated October 28, 2024

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