Regulatory Alerts2026-05-08
Added · Updated
Standards Under the Financial Institutions and Markets Act 2021: Financial Markets
The Namibia Financial Institutions Supervisory Authority (NAMFISA) has published four new standards under the Financial Institutions and Markets Act 2021 to regulate financial market operations. These standards mandate registered exchanges to establish comprehensive listing criteria, require self-regulatory organizations to submit detailed annual reports, and impose strict reporting timelines for off-exchange transactions that alter beneficial ownership. Additionally, regulated persons must provide clients with comprehensive issuer and securities information, including conflict disclosures and suitability assessments, to ensure transparent market practices.
Topics
Share