Ethiopia: National Bank rule on equity investment by foreign nationals of Ethiopian origin in payment instrument issuers or payment system operators (Directive No. ONPS/04/2021)
Progress
Current status
adopted
01 Jul 2021 adopted
Scope
Implementers
Ethiopia
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Implemented National Bank rule on equity investment by foreign nationals of Ethiopian origin in payment instrument issuers or payment system operators (Directive No. ONPS/04/2021)
On 1 July 2021, the Manner of Equity Investment by Foreign Nationals of Ethiopian Origin or Organisations in Payment Instrument Issuer or Payment System Operator Business Directive No. ONPS/04/2021 came into force. It establishes the licensing frame…
Event type
order
Action type
adoption
Government branch
executive
Government body
central bank