NAMFISA

The Bank of Namibia (BON) and the Namibia Financial Institutions Supervisory Authority (NAMFISA) signed an updated Memorandum of Agreement to strengthen cooperation in the regulation and supervision of Namibia’s financial sector. #NAMFISA #FinTech #ConsumerEducation

Happy Namibia Independence Day! This year, Namibia’s 36th Independence Day is celebrated under the theme Beyond 35: For a Prosperous Future. NAMFISA remains committed to a safe, stable, and fair financial system for all. #IndependenceDay #NAMFISA #ConsumerProtection

𝗖𝗵𝗮𝗽𝘁𝗲𝗿 𝟮: 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 – Mandates the use of plain language in insurance contracts, directly combating historical ambiguities and fostering trust between insurers and policyholders. 𝗟𝗘𝗔𝗥𝗡 𝗠𝗢𝗥𝗘: namfisa.com.na/educates #FIMA

FIMA ensures governance, fair market conduct, and consumer protection across all non-banking financial institutions. Learn more: namfisa.com.na/educates/ #NAMFISA #ConsumerProtection #FIMA

The draft Regulation R.F.R.5.10 – 𝗣𝗿𝗲𝘀𝗲𝗿𝘃𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗥𝗲𝘁𝗶𝗿𝗲𝗺𝗲𝗻𝘁 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 will 𝗡𝗢𝗧 be implemented together with the 𝗙𝗜𝗡𝗔𝗡𝗖𝗜𝗔𝗟 𝗜𝗡𝗦𝗧𝗜𝗧𝗨𝗧𝗜𝗢𝗡𝗦 𝗔𝗡𝗗 𝗠𝗔𝗥𝗞𝗘𝗧𝗦 𝗔𝗖𝗧, 𝟮𝟬𝟮𝟭 (𝗙𝗜𝗠𝗔) (𝗔𝗖𝗧 𝗡𝗢. 𝟮 𝗢𝗙 𝟮𝟬𝟮𝟭).

Did you know what Treating Customers Fairly (TCF) under the Financial Institutions and Markets Act (FIMA) addresses? Find out more at: namfisa.com.na/educates/

𝗖𝗵𝗮𝗽𝘁𝗲𝗿 𝟳: 𝗠𝗲𝗱𝗶𝗰𝗮𝗹 𝗔𝗶𝗱 𝗙𝘂𝗻𝗱𝘀 – Implements critical oversight for medical aid funds and brokers, ensuring they act in the best interests of consumers navigating essential healthcare coverage. 𝗟𝗘𝗔𝗥𝗡 𝗠𝗢𝗥𝗘: namfisa.com.na/educates #FIMA #NAMFISA

On Women’s Day, Namibia Financial Institutions Supervisory Authority (NAMFISA) reaffirms its commitment to promoting a fair, transparent, and inclusive financial sector that empowers women to participate confidently, make informed financial decisions, and build a secure future.

What is the purpose of FIMA? Learn more at NAMFISA Educates: namfisa.com.na/educates/ #FIMA #NAMFISA #consumereducation #consumerprotection

FIMA strengthens consumer protection and maintains confidence in the financial system through fairness, transparency, and accountability. 𝗟𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲: namfisa.com.na/educates/ #FIMA #NAMFISA #ConsumerProtection #FinancialConfidence #Transparency

𝗖𝗵𝗮𝗽𝘁𝗲𝗿 𝟳: 𝗠𝗲𝗱𝗶𝗰𝗮𝗹 𝗔𝗶𝗱 𝗙𝘂𝗻𝗱𝘀 – Implements critical oversight for medical aid funds and brokers, ensuring they act in the best interests of consumers navigating essential healthcare coverage. 𝗟𝗘𝗔𝗥𝗡 𝗠𝗢𝗥𝗘: namfisa.com.na/educates #FIMA #NAMFISA

Shaping Future Financial Leaders. NAMFISA engaged Amazing Kids Private School learners in an interactive fruitful session focused on understanding financial rights, responsibilities, and smart money habits. Learners described the session as “fun and educational.” #NAMFISA

FIMA’s deliberate, chapter-based structure provides a multi-layered defence for consumers while enhancing the integrity and stability of Namibia’s financial services. 𝗟𝗘𝗔𝗥𝗡 𝗠𝗢𝗥𝗘: namfisa.com.na/educates #FIMA #NamibiaFinance #ConsumerProtection #FinancialWellbeing

NAMFISA is bringing consumer education closer to you! From 16 –20 February in Hardap Region, join our Regional Consumer Education Initiative to better understand FIMA, dispel myths around preservation of retirement benefits, and learn about NAMFISA’s mandate.

Financial love is smart love. This Valentine’s Day, let’s celebrate trust, transparency, and responsible financial services. NAMFISA appreciates all regulated entities and informed consumers. #NAMFISA #consumereducation #FIMA #consumerprotection

NAMFISA recently engaged Government agencies in Keetmanshoop to advocate for FIMA and strengthen collaboration in promoting a fair, transparent, and stable financial sector. Together, we are advancing a safer and more inclusive financial sector for all Namibians.

Join NAMFISA and be part of a trusted financial sector regulator. We are inviting applications for the following positions: • Internal Auditor (Job Grade D1) • Executive Assistant (Job Grade C2) Apply now and contribute to strong governance and operational excellence.

NAMFISA) exists to supervise financial institutions and financial services and to advise the Minister of Finance on matters relating to financial institutions and financial services in terms of the Namibia Financial Institutions Supervisory Authority Act, 2001 (Act No. 3 of 2001)

NAMFISA is bringing consumer education closer to you! From 09–13 February in Kharas Region, join our Regional Consumer Education Initiative to better understand FIMA, dispel myths around preservation of retirement benefits, and learn about NAMFISA’s mandate. #FIMA #Consumers

FIMA strengthens consumer protection and maintains confidence in the financial system through fairness, transparency, and accountability. 𝗟𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲: namfisa.com.na/educates/ #FIMA #NAMFISA #ConsumerProtection #FinancialConfidence