2021-11-10

RF.S.5.9 Compulsory Beneficiary Nomination Forms

The regulatory authority issued this directive to mandate compulsory beneficiary nominations across all covered entities. It requires members to complete standardized nomination forms, ensuring automatic benefit distribution upon death. The updated RF.S.5.9 version clarifies validity periods and aligns submission protocols with current compliance standards.

Namibia

Namibia Financial Institutions Supervisory Authority

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Create Date November 10, 2021

Last Updated October 22, 2024

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