Namibia has met all requirements to exit the Financial Action Task Force greylist following a plenary meeting in February, with the FATF accepting that the country has remedied all 13 deficiencies in its anti-money laundering and counter-terrorism financing framework. An on-site assessment is scheduled for April, with results to be presented at the June FATF meeting.
17 February 2026 · The Namibian →
Namibia's removal from the Financial Action Task Force's grey list depends on an on-site inspection scheduled for April 2026 to verify that financial sector reforms are embedded and operational. The FIC says all 13 strategic deficiencies in Namibia's anti-money laundering and counter-terrorism financing framework have been remedied, with the Africa Joint Group's assessment to determine whether these reforms are effectively implemented in practice.
17 February 2026 · New Era →
The Financial Action Task Force accepted that Namibia has substantially completed its 13-point action plan to address strategic deficiencies in its anti-money laundering and counter-terrorism financing framework ahead of the May 2026 deadline. The country will now undergo an on-site assessment by the Africa Joint Group to verify implementation of the reforms, the final step toward exiting the grey list.
17 February 2026 · Informanté →
The Namibian Corporate Governance Framework requires registered businesses to maintain continuous compliance including beneficial ownership declarations and annual financial submissions, yet only 45% of the 242,417 active entities on the business register meet these obligations as of 3Q2025/26. Low compliance levels pose risks to Namibia's reputation internationally and may expose the country to enhanced Financial Action Task Force monitoring for failing to combat money laundering and terrorism financing.
17 February 2026 · The Namibian →