Bank of Namibia
Who they are
Namibia's central bank, established under Article 128 of the Constitution.
What they do
Per Article 128 it is the State's principal instrument for controlling the money supply, the currency and the banking and other financial institutions placed under its supervision. It issues determinations and guidelines to banking institutions and oversees the national payment system under the Payment System Management Act, 2023. A media release of 8 August 2023 says the Minister designated it as the prudential Regulatory Authority for virtual asset service providers.
Key laws & regulations issued
- Direction Determination on the Licensing and Authorisation of Payment Service Providers in Namibia (PSD-1), General Notice 1 of 2026 2026
- Direction Determination on the Operational and Cybersecurity Standards within the National Payment System (PSD-12), General Notice 501 of 2026 2026
- Direction Determination on Issuing Electronic Money in Namibia (PSD-3), General Notice 561 of 2024 2024
- Rule Virtual Assets Rules, 2023 (General Notice 511 of 2023) 2023
Deadlines owned by this regulator
| Due | Filing | Frequency | Industry | Source |
|---|---|---|---|---|
| 31 Mar 2027 | Annual return of outsourced activitiesBy 31 March each year, a list of all material and non-material outsourced activities and functions, reflecting the position at 31 December of the prior year (BID-34 of 2024, s 18). | Annual | Banking | official |
Latest news
No news tagged to this regulator yet.
Related regulators
Others in Namibia supervising overlapping sectors.