FIC pumps up greylisting measures, cautions bankers to comply

NAMPA

2024-08-30

WINDHOEK, 09 August 2023 - Bryan Eiseb has been appointed as the new Director of the Financial Intelligence Center (FIC). (Photo: Contributed)

WINDHOEK , 30 AUG (NAMPA)- The Bank of Namibia has informed stakeholders in the financial sector about the enhancement of increased turnaround times and compliance checks, as part of addressing Namibia’s greylist status by the Financial Action Task Force (FATF).
The Director of the Financial Intelligence Center, Bryan Eiseb said in a statement on Friday that greylisting leads to increased due diligence requirements, higher compliance costs, and...

Restricted content

financial

Business

NARETU, NBL sign wage deal

2026-04-30 17:38:15

Namibia completes FATF action plan ahead of May deadline

2026-04-30 16:48:52

Financial Stability Report launched

2026-04-30 14:55:42

FNB Commercial appoints Hans as Head of Public Sector Banking

2026-04-30 09:58:17

Theofelus launches Namibia’s 2026 cyber security incident guidelines

2026-04-30 05:28:04

Second cohort of BW Emerging Bankers Programme announced

2026-04-29 16:55:03

BoN revises inflation upward to 3.7 per cent

2026-04-29 15:47:47

Bank Windhoek, education ministry strengthen partnership on youth development

2026-04-29 14:35:57

Otjiwarongo municipal debt increases to N.dollars 80 million

2026-04-29 13:51:24

Repo rate unchanged

2026-04-29 13:31:21

NAC welcomes increase in routes to Windhoek by Edelweiss Air

2026-04-29 12:31:57

Latest NAMPA photos

WINDHOEK, 29 April 2026 - Khomas Region Governor, Sam Nujoma; Governor of Zambezi, Dorothy Kabula; and Governor of Kavango West, Verna Sinimbo. (Photo by: Eba Kandovazu) NAMPA

NAMPA

WINDHOEK, 29 April 2026 - Bank of Namibia Governor Ebson Uanguta speaking at the second bi-monthly Monetary Policy Committee (MPC) announcement for 2026. (Photo by: Chelva Wells) NAMPA

NAMPA

WINDHOEK, 29 April 2026 - Bank of Namibia Governor Ebson Uanguta speaking at the second bi-monthly Monetary Policy Committee (MPC) announcement for 2026. (Photo by: Chelva Wells) NAMPA

NAMPA

WINDHOEK, 24 April 2026 - Minister of Education Sanet Steenkamp pictured with Bank Windhoek Managing Director James Chapman. (Photo: Contributed)

NAMPA

HOACHANAS, 28 April 2026 - Deputy Minister of Home Affairs, Immigration, Safety and Security, Edward Wambo, addresses residents of Hoachanas and Stampriet on the importance of national documents. (Photo: Contributed)

NAMPA

ONDANGWA, 28 April 2026 - Minister of International Relations and Trade, Selma Ashipala-Musavyi pictured during the official opening of the 2026 Ondangwa Trade and Industrial Exhibition on Tuesday. (Photo by: Ester Hakaala) NAMPA

NAMPA

NDAMA, 28 April 2026 - The first Community Information Centre was unveiled at Ndama on Tuesday. (Photo by: Sawi Hausiku) NAMPA

NAMPA

OVINYANGE, 28 April 2026 - Team three leader Anna Namwandi vaccinates a child at Ovinyange village during polio campaign in Kunene Region. (Photo by: Kaviveterue Virere) NAMPA

NAMPA