Public Notice – Implementation of the FIM Act — NAMFISA — NA

13 NOVEMBER 2025
IMPLEMENTATION OF THE FINANCIAL INSTITUTIONS AND MARKETS ACT, 2021 (ACT NO. 2 OF 2021) The Namibia Financial Institutions Supervisory Authority (NAMFISA) hereby informs all Non-Bank Financial Institutions and stakeholders that:
a) The Minister of Finance has directed NAMFISA to proceed with the implementation of the Financial Institutions and Markets Act, 2021 (Act No. 2 of 2021) (“FIMA”). b) The draft Regulation R.F.R.5.10 – Preservation of Retirement Benefits will NOT be implemented together with FIMA. The regulation on preservation will be re-worked, considering all views expressed by the public. Once the revised draft is ready, it will be subjected to a broader public consultation process. c) NAMFISA will communicate the commencement date and implementation modalities in due course. For enquiries regarding this Public Notice, please contact Mr Calvin Thembikozi at cthembikozi@namfisa.com.na or +264 61 290 5276. Yours sincerely, Kenneth S. Matomola CHIEF EXECUTIVE OFFICER

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Issued under

Financial Institutions and Markets Act, 2021 (Act No. 2 of 2021)2021 · NAMFISA
“The Minister of Finance has directed NAMFISA to proceed with the implementation of the Financial Institutions and Markets Act, 2021 (Act No. 2 of 2021) (“FIMA”).”