2023-04-05

Chapter 6 – Friendly Societies Standards

The regulator issued Chapter 6 to establish binding operational and compliance standards for Friendly Societies. This updated framework mandates specific governance practices, financial reporting thresholds, and risk management protocols for all registered entities. Effective from November 2024 as version 12, the document replaces previous guidelines and provides clear enforcement mechanisms for regulatory adherence.

Namibia

Namibia Financial Institutions Supervisory Authority

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File Size 584.32 KB

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Create Date April 5, 2023

Last Updated November 3, 2024

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