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

Bank Windhoek Red Run attracts 2 600 participants

2026-08-02 18:37:40

Katima Mulilo Town Council raises over N$350 000 for Zambezi Bream Festival

2026-08-02 15:45:29

NTAT, Nampa sign MoU to strengthen heritage awareness

2026-08-02 15:17:05

ILO chief commends Namibia's diamond industry during Namdia visit

2026-08-01 11:27:15

Windhoek accelerates informal settlement electrification with N$33.5 million

2026-07-31 18:11:36

Fuel prices to increase by N$2 per litre from Wednesday

2026-07-31 17:50:12

NamPost appoints Willem Mouton as CEO

2026-07-31 17:40:53

CoW approves 20 temporary markets to support informal traders

2026-07-31 16:46:00

CoW resumes debt collection after RedForce contract ends

2026-07-31 16:12:19

City of Windhoek launches N$5 million Groot Aub water pipe project

2026-07-31 14:37:40

Dr Hage G. Geingob Town Hall Conversation to honour former president’s legacy

2026-07-31 08:44:12

Latest NAMPA photos

AMINUIS, 03 August 2026 - Community members of Aminuis in the Omaheke Region during an electronic identity (e-ID) awareness campaign. (Photo: Molly Weyulu) NAMPA

NAMPA

WINDHOEK, 03 August 2026 - (From left) Namibia Youth Energy Forum director Andreas Paulus; Mutindi Lydia Jacobs Vice Chairperson - Advisory Board Member of the Namibia Youth Energy Forum, and Cons Karamata, CEO of the Economic Association of Namibia. (Photo: Contributed)

NAMPA

WINDHOEK, 03 August 2026 - Stakeholders at the launch of the Nationhood strategy workshop in Windhoek. (Photo: Ali Negumbo) NAMPA

NAMPA

GLASGOW, 23 July 2026 - Team Namibia during the opening ceremony of the Glasgow 2026 Commonwealth Games in Scotland. (Photo: Hesron Kapanga) NAMPA

NAMPA

GLASGOW, 23 July 2026 - Team Namibia pictured during the opening ceremony of the Glasgow 2026 Commonwealth Games in Scotland. (Photo: Hesron Kapanga) NAMPA

NAMPA

MPUNGU, 03 August 2026 - Construction has officially begun on a N$69 million school hostel at Bravo settlement in the Kavango West Region’s Mpungu Constituency, which is expected to significantly improve access to education for rural learners. (Photo: Lylie Joel) NAMPA

NAMPA

GLASGOW, 23 July 2026 - Team Namibia pictured during the opening ceremony of the Glasgow 2026 Commonwealth Games. (Photo: Hesron Kapanga) NAMPA

NAMPA

WINDHOEK, 03 August 2026 - Two people died and another was seriously injured in two separate accidents involving trucks on the Western Bypass in Windhoek in the early hours of Monday. (Photo: Lydia Pitiri) NAMPA

NAMPA