N$16.7 billion left Namibia through illicit financial flows between 2022 and 2024. Accountants usually see the warning signs long before any regulator does: the payment with no commercial substance, the ownership structure that suddenly changes, the invoice that does not match the customs record. The question is what happens next.

Think PIP screening means asking clients if they are politicians? The FIC's new 2026 guidance says otherwise. Religious leaders, traditional leaders, in-laws, stepchildren and close friends can all trigger enhanced measures. A signed source-of-funds declaration will not save you. Here is what accountants in Namibia need to fix in their procedures now.