Regulatory Alerts2026-05-08
Added · Updated
Standards under the Financial Institutions and Markets Act 2021 for Fund and Society Administrators
The Namibia Financial Institutions Supervisory Authority issues these standards under the Financial Institutions and Markets Act, 2021 to govern the registration of fund and society administrators. The regulations mandate specific application forms, supporting documentation regarding fit-and-proper requirements, insurance, and corporate structure, alongside electronic submission through the designated regulatory system. Furthermore, the standards outline processing procedures, including rejection protocols, personal representation opportunities, certificate issuance, and mechanisms for cancellation or variation of registration.
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