2021-11-10

CIS.S.4.9 Requirements for the Exercise of Voting Power Conferred

The regulator issued this directive to standardize voting power exercise within collective investment schemes. The updated provision mandates clear proxy voting disclosures, establishes conflict-of-interest protocols for fund managers, and requires timely stakeholder reporting. Following its October 2024 revision, the rule applies to all authorized funds and supersedes prior shareholder voting guidance.

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Namibia Financial Institutions Supervisory Authority

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