Regulatory Alerts2021-11-10
Added · Updated
Rules for the Administration of Collective Investment Schemes Under One Umbrella
The Namibia Financial Institutions Supervisory Authority promulgated these standards to govern the operation, administration, and investment solicitation of collective investment schemes under the Financial Institutions and Markets Act 2021. Managers must establish compliant governance structures, implement comprehensive risk and investor protection policies, and uphold fiduciary duties through transparent disclosure and asset segregation. Foreign scheme operators face parallel obligations to ensure prudent administration, timely material information disclosure, and robust audit arrangements that prioritize investor interests.
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