To focus, through research and advocacy, on all regulatory
aspects of the national payment system as governed by the Payment System Management Act 18 of 2003 and its attendant
regulations so as to ensure an effective and efficient national
payment system. This department also focuses on regional
initiatives such as the SADC Payment Systems Project in order to
ensure Namibia’s full and beneficial participation in regional
payment systems. The department immediate focus (and a
project ) is on ensuring members readiness and compliance with
NAMPAY, a newly introduced payment system for the country
research
banking compliance
To focus, through research and advocacy, on all regulatory aspects pertaining to compliance with all banking laws and regulations, notably the Banking Institutions Act 2 of 1998 and its determinations governing prudential matters.