Ethiopia: NBE Licensing and Authorisation of Payment Instrument Issuers (Directive No. ONPS/01/2020)
Progress
Current status
in force
02 Oct 2020 in force
01 Apr 2020 in grace period
Scope
Implementers
Ethiopia
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
National Bank rule on licensing and authorisation of payment instrument issuers (Directive No. ONPS/01/2020) entered into force
On 2 October 2020, the National Bank of Ethiopia (NBE)'s Licensing and Authorisation of Payment Instrument Issuers Directive No. ONPS/01/2020 entered into force. This directive repealed the Regulation of Mobile and Agent Banking Services Directive N…
SourceEvent type
order
Action type
implementation
Government branch
executive
Government body
central bank
National Bank issued rule on licensing and authorisation of payment instrument issuers (Directive No. ONPS/01/2020)
On 1 April 2020, the National Bank of Ethiopia (NBE) issued the Licensing and Authorisation of Payment Instrument Issuers Directive No. ONPS/01/2020, which came into force with a grace period. Entities licensed by the NBE to issue payment instrument…
SourceEvent type
order
Action type
in force with grace period
Government branch
executive
Government body
central bank