Project Overview

A2F Consulting supported the Namibia Financial Institutions Supervisory Authority (NAMFISA) in developing and implementing a Risk-Based Supervision Framework (RBSF) to strengthen financial sector oversight. The project aimed to enhance NAMFISA’s regulatory capacity and ensure readiness for the implementation of new financial sector legislation.

Work Developed

• Assessed NAMFISA’s institutional readiness to implement new financial sector laws and supervisory requirements
• Developed a comprehensive Risk-Based Supervision Framework aligned with regulatory reforms
• Designed implementation plans covering governance, organizational structure, and supervisory processes
• Delivered capacity building and recommendations to strengthen human resources, systems, and infrastructure
• Developed communication strategies, risk assessments, and compliance pathways to support effective rollout

The assignment was implemented over 27 months and combined institutional assessment with regulatory framework development. A2F supported NAMFISA in preparing for major legal and supervisory changes, strengthening its ability to oversee the financial sector and ensure compliance with new regulatory standards.

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