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Namfisa says non-bank regulation has strengthened since Prowealth – Windhoek Observer
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Namfisa says non-bank regulation has strengthened since Prowealth – Windhoek Observer
Allexer Namundjembo The Namibia Financial Institutions Supervisory Authority (Namfisa) has acknowledged the Supreme Court judgement in the long-running Prowealth Asset Managers (PAM) matter. It said the case arises from events that occurred nearly two decades ago, at a time when the regulatory environment was far less developed. “The PAM matter relates to a period when Namfisa’s regulatory and supervisory framework was still evolving. While we …
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