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, 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

Latest NAMPA photos

ONGWEDIVA, 24 August 2026 - Members of the Northern Namibia Farmers Seed Grower Cooperative exhibiting at the 25th Ongwediva Annual Trade Fair. (Photo: Esther Gabriel) NAMPA

ONGWEDIVA, 24 August 2026 - Members of the Northern Namibia Farmers Seed Grower Cooperative exhibiting at the 25th Ongwediva Annual Trade Fair. (Photo: Esther Gabriel) NAMPA

NAMPA
WINDHOEK, 24 August 2026 - Former police commissioner, Ndahangwapo Kashihakumwa, (L) and former Chief of the Namibian Defence Force, Lt General (rtd) Martin Shali. (Photo: Uakutura Kambaekua) NAMPA

WINDHOEK, 24 August 2026 - Former police commissioner, Ndahangwapo Kashihakumwa, (L) and former Chief of the Namibian Defence Force, Lt General (rtd) Martin Shali. (Photo: Uakutura Kambaekua) NAMPA

NAMPA
WINDHOEK, 24 August 2026 - Waluka Sibungo speaking on behalf of the family of the late Brendan Simbwaye during a ceremony in which Simbwaye received a symbolic grave at Heroes' Acre because his remains have not been located after his death. (Photo: Uakutura Kambaekua) NAMPA

WINDHOEK, 24 August 2026 - Waluka Sibungo speaking on behalf of the family of the late Brendan Simbwaye during a ceremony in which Simbwaye received a symbolic grave at Heroes' Acre because his remains have not been located after his death. (Photo: Uakutura Kambaekua) NAMPA

NAMPA
WINDHOEK, 24 August 2026 – President Netumbo Nandi-Ndaitwah on Monday led scores of Namibians from diverse backgrounds at Heroes' Acre in Windhoek to mark the reinterment of eight esteemed liberation fighters, closing a painful century-long chapter of exile. (Photo: Contributed) NAMPA.

WINDHOEK, 24 August 2026 – President Netumbo Nandi-Ndaitwah on Monday led scores of Namibians from diverse backgrounds at Heroes' Acre in Windhoek to mark the reinterment of eight esteemed liberation fighters, closing a painful century-long chapter of exile. (Photo: Contributed) NAMPA.

NAMPA
WINDHOEK, 24 August 2026 – President Netumbo Nandi-Ndaitwah on Monday led scores of Namibians from diverse backgrounds at Heroes' Acre in Windhoek to mark the reinterment of eight esteemed liberation fighters, closing a painful century-long chapter of exile. (Photo: Contributed) NAMPA.

WINDHOEK, 24 August 2026 – President Netumbo Nandi-Ndaitwah on Monday led scores of Namibians from diverse backgrounds at Heroes' Acre in Windhoek to mark the reinterment of eight esteemed liberation fighters, closing a painful century-long chapter of exile. (Photo: Contributed) NAMPA.

NAMPA
WINDHOEK, 24 August 2026 - South African Minister of Defence and Military Veterans, Angelina Motshekga, speaking during the reburial of eight Namibian liberation struggle heroes at Heroes' Acre. (Photo: Uakutura Kambaekua) NAMPA

WINDHOEK, 24 August 2026 - South African Minister of Defence and Military Veterans, Angelina Motshekga, speaking during the reburial of eight Namibian liberation struggle heroes at Heroes' Acre. (Photo: Uakutura Kambaekua) NAMPA

NAMPA
MARIENTAL, 24 August 2026 - Participants conduct a practical neonatal resuscitation session during training by Unam for health workers in Mariental, Hardap Region. (Photo: Joe-Chintha Garises)Nampa

MARIENTAL, 24 August 2026 - Participants conduct a practical neonatal resuscitation session during training by Unam for health workers in Mariental, Hardap Region. (Photo: Joe-Chintha Garises)Nampa

NAMPA
TSANDI, 30 June 2026 - Tatekulu Festus Amukwa Shikalepo pictured at his homestead at the Omugulugombashe village. (Photo: Andreas Thomas) NAMPA

TSANDI, 30 June 2026 - Tatekulu Festus Amukwa Shikalepo pictured at his homestead at the Omugulugombashe village. (Photo: Andreas Thomas) NAMPA

NAMPA