MAIN PURPOSE OF THE JOB: To monitor and review the activities of the Authority to ensure effectiveness and compliance with internal controls, systems and procedures with the aim of reducing potential risks KEY PERFORMANCE AREAS: Scopes and plans audits/ projects based on a thorough risk assessment...
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The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) hereby informs all persons carrying on business as investment advisors that, in terms of the Securities (Institutions Licensing) Regulations, 2017, they are required to apply for a licence to operate as such. For the avoidance of...
The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) hereby informs all persons carrying on business as Transfer Agents and/or Transfer Secretaries that they are required to apply for a licence to operate, in line with the Securities (Institutions Licensing) Regulations, 2017. A...
The Insurance Institute of Botswana (IIB) held a comprehensive seminar on Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) on 27 th February 2019. This was necessitated by the recent amendment to the Financial Intelligence Act and the other recent relevant legislative...
The Non-Bank Financial Institutions Regulatory (NBFIRA) became a signatory in the establishment of the Financial Stability Council by signing a Memorandum of Understanding (MoU) to establish a macro-prudential framework that seeks to protect the financial stability in both the non-banking and...
PRESS RELEASE Open Day on "Building a Strong Leadership and Culture of Anti-Money Laundering and Countering the Financing of Terrorism & Proliferation (AML/CFTP)". AML/CFTP issues should be inherent in the strategic focus of NBFI’s. NBFIs implored to infuse combatting money laundering and...
To: Principal Officers: All Non-Bank Financial Institutions (“NBFIs”) Invitation to NBFIRA Open Day on Anti-Money Laundering and Countering the Financing of Terrorism and Proliferation (AML/CFTP) We refer to the above captioned subject matter. In recognition of the imperative obligation of its role...
In pursuit of its mission to contribute toward the nation’s financial stability, NBFIRA is undertaking country-wide workshops to raise awareness against Money laundering, Terrorism and Proliferation financing activities within the Non-Bank Financial Institutions (NBFIs) sector. The Authority is...
NBFIRA CONTINUING TO DO MORE FOR NON-BANK FINANCIAL INSTITUTIONS: A DECADE OF FINANCIAL STABILITY NBFI sector grows in strength and dynamism NBFI sector critical to socio-economic fabric of Botswana NBFIRA committed to countering Money Laundering and the financing of terrorism and proliferation in...
1. PRINCIPAL INTERNAL AUDITOR MAIN PURPOSE OF THE JOB: Help drive the Internal Audit mission to add value and inspire positive change in the Authority’s governance, risk management and internal control processes. The incumbent reports to, and is under the supervision of, the Chief Internal Audit...
