Regulatory Alerts2026-03-31
Guidelines on Climate-Related Financial Risks and Disclosure Requirements
The Bank of Namibia has issued guidelines requiring domestically systemically important banking institutions to integrate climate-related financial risks into their governance, strategy, and risk management frameworks. These institutions must embed physical and transition risks into capital adequacy assessments, stress testing, and scenario analysis while maintaining transparent disclosure practices on a comply-or-explain basis. Effective 1 July 2025, the framework mandates board oversight, dedicated senior management roles, and regular reporting to ensure long-term financial resilience against climate impacts.
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