Regulatory Alerts2021-11-10
Added · Updated
RF.S.5.2 Investigation by and Report of Valuator
The Namibia Financial Institutions Supervisory Authority issued Standard RF.S.5.2 to require all registered retirement funds to conduct periodic financial investigations and submit formal valuator reports. The standard specifies distinct reporting frameworks for defined benefit and defined contribution funds, mandating detailed assessments of technical provisions, funding ratios, asset-liability matching, and contribution adequacy. It establishes standardized certification templates in Schedules 1 and 2 to ensure consistent valuation methodologies, data verification, and the ongoing financial soundness of retirement funds.
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