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National Pension Scheme Authority
Zambia
Feb 2000 (25 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know National Pension Scheme Authority
Company Information
Get to know National Pension Scheme Authority
National Pension Scheme Authority offers income security against the risk arising from retirement, death, and invalidity with a focus on the adequacy of benefits and monthly receipt of pension in a better way than the repealed ZNPF. This is achieved through the payment of different kinds of benefits to its members. This person is eligible upon retirement or invalidity to receive a benefit payment from NAPSA, subject to the prescribed conditions which are outlined later on in this edition.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
- Financial Wealth Management
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