What We Do
Overview
The main functions of the FIC in its role as the AML/CFT regulator are: Intelligence Analysis, Supervision, Enforcement, and provision of Procedures & Guidance.
These are explained in detail in this section. The importance of each of these functions and the entailed processes are explained in full detail, for a better understanding of the role the FIC has in the fight against ML/FT.
Intelligence
The Financial Intelligence and Analysis Division's core function is to receive and analyze data and provide actionable intelligence to competent authorities.
Intelligence
Read moreSupervision
Supervision arm is responsible for strengthening compliance with Anti-Money Laundering, Countering the Financing of Terrorism, and Countering Proliferation Financing (AML/CFT/CPF) obligations across supervised sectors in Namibia.
Supervision
Read moreLegal
The Legal, Policy and Enforcement Division is responsible for ensuring that Namibia’s AML/CFT/CPF framework aligns with international standards.
Legal
Read moreProcedures & Guidance
General guidance notes are issued periodically to assist subject persons in fulfilling their Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) obligations.
