The Financial Institutions and Markets Act, 2021 (Act No. 2 of 2021) (FIMA) strengthens Namibia’s non-banking financial sector by promoting consumer protection, transparency, and sound governance. Importantly, the Act will be implemented effectively without the regulation on the preservation of retirement benefits within Chapter 5, ensuring regulatory progress continues while safeguarding the public interest. #ConsumerEducation #ConsumerProtection #FIMA #FIMA | NAMFISA
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NAMFISA has launched the first-ever FinTech Square, an initiative aimed at driving financial inclusion and innovation, as well as mitigating some emerging financial risks. FinTech is made up of technology-enabled firms that offer financial services and others that provide technology services directly to financial institutions. NAMFISA #NBCNews #nbcDSTV282 #nbcdigitalnews | NBC Digital News
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NAMFISA has encouraged consumers of non-banking financial services to put in complaints with them for mitigation, should they fail to reach a consensus. #NBCNews #nbcDSTV282 #nbcdigitalnews | NBC Digital News
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By: Joseph Iilonga The NAMFISA Namibia Financial Institutions Supervisory Authority says that the draft regulation relating to the preservation of retirement benefits to be made under the Financial Institutions and Markets Act, abbreviated as FIMA, will benefit working individuals by ensuring that a portion of their retirement savings are preserved throughout their working lifetime. Watch #TodayOnOne LIVE weekdays 19:00 on: DStv 284, #GOtvNamibia90, DStvNow App, Facebook, YouTube, Twitter | OneA
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