2024-10-11

Outsourcing Circular

The regulator issued this Outsourcing Circular to establish comprehensive oversight of third-party service arrangements across financial institutions. It mandates rigorous risk assessments, clear contractual governance, and continuous monitoring of critical outsourcing activities. Institutions must align their internal controls with these standards and submit periodic compliance reports to ensure operational resilience.

Namibia

Namibia Financial Institutions Supervisory Authority

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Create Date October 11, 2024

Last Updated October 22, 2024

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