AML
how it work
Author: Admin
TransUnion
How do we minimise risk of financial institutions de-risking us? Generally, “de-risking” refers to situations where Financial Institutions (FIs) cease to provide all or certain types of services to their customer(s). De-risking can also mean FIs leaving relationships with and closing the accounts of customers considered “high risk”, this refers to high risk for Read more about TransUnion[…]
COMPULSIVE BUYING
It is early Saturday morning. Monica jumps out of bed, takes a glass from her dresser, but just as she wants to take a sip, she realises that the glass is empty. She slowly walks to the window and pulls open her curtains. She looks through the window and sees her neighbor and friend Marry Read more about COMPULSIVE BUYING[…]
What is Money Laundering?
The Authority exists to supervise financial institutions and financial services and to advice the Minister of Finance on matters relating to financial institutional and financial services in terms of the Namibian Financial institution Supervisory Authority Act No. 3 of 2001. NAMFISA is the designated Anti Money Laundering (AML) / Combatting the Financing of Terrorism (CFT) Read more about What is Money Laundering?[…]