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GOVERNMENT NOTICEMINISTRY OF FINANCENAMIBIA FINANCIAL INSTITUTIONS SUPERVISORY AUTHORITY No. 22021STANDARD ISSUED UNDER THE FINANCIAL INSTITUTIONS AND MARKETS ACT, 2021The Namibia Financial Institutions
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Understand the key requirements and objectives of the Financial Services Act 2021.
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Financial institutions such as banks, insurance companies, and investment firms
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Companies involved in providing financial services or products
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Individuals and organizations that handle or manage client funds or assets
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Regulatory bodies overseeing financial services industry
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The financial services act is a legislation that regulates financial services provided by companies to consumers.
Companies that provide financial services are required to file the financial services act.
The financial services act can be filled out online through the designated platform provided by the regulatory authority.
The purpose of the financial services act is to protect consumers and ensure fair practices in the financial services industry.
Companies need to report details of the financial services they provide, fees charged, customer complaints, and compliance with regulations.
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