NAMFISA to host CISNA bi-annual meeting

September 12, 2023

 The Namibia Financial Institutions Supervisory Authority (NAMFISA) will host the 46th Meeting of the Committee of Insurance, Securities, and Non-Banking Financial Authorities (CISNA) in Swakopmund, next month.

The 46th CISNA Bi-annual Meeting will convene with delegates representing member authorities and SADC structures covering various areas in the Capital Markets, Insurance, and Pension funds industries, among others.

"Following the annual general council meeting, CISNA will host capacity-building sessions featuring discussions on critical topics such as financial technology (FINTECH), Green hydrogen, and the SADC gender toolkit. The capacity-building intervention will be open to regulatory authorities and industry players in the non-bank financial sector."

During the meeting, CISNA is expected to elect new office bearers, who will take over from the leadership of current chairperson and NAMFISA CEO, Kenneth Matomola.

The key focus areas of CISNA under Matomola's leadership include harmonizing legislative and supervisory frameworks, fostering market development, and enhancing consumer protection and education within the SADC Region.

CISNA was established in June 1998 as a committee of authorities responsible for supervising insurance, securities, and non-banking financial institutions (NBFI) in SADC Member States.

Its mandate is to ensure that the regulatory and supervisory framework for non-bank financial services within SADC Member States is harmonized and complies with the best international practices, standards, and principles set by relevant international standard-setting bodies.

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Last modified on Wednesday, 13 September 2023 15:26

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