2021-11-10

RF.S.5.22 Transfer of Business

The regulator issued RF.S.5.22 to establish standardized procedures for transferring business operations, assets, and liabilities between entities. This directive mandates compliance verification, documentation submission, and operational continuity checks prior to finalizing any business transfer. Organizations must adhere to these updated requirements effective upon the October 2024 revision to ensure regulatory compliance and seamless operational handover.

Namibia

Namibia Financial Institutions Supervisory Authority

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Create Date November 10, 2021

Last Updated October 22, 2024

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