Ethiopia: National Bank rule on licensing and authorisation of payment system operators (Directive No. ONPS/02/2020)
Progress
Current status
in force
16 Feb 2021 in force
05 Aug 2020 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
National Bank rule on licensing and authorisation of payment system operators (Directive No. ONPS/02/2020) entered into force
On 16 February 2021, the National Bank of Ethiopia (NBE)'s Licensing and Authorisation of Payment System Operators Directive No. ONPS/02/2020 entered into force. Payment system operators licensed by the NBE had to comply with the provisions of the d…
Event type
order
Action type
implementation
Government branch
executive
Government body
central bank
National Bank adopted rule on licensing and authorisation of payment system operators (Directive No. ONPS/02/2020)
On 5 August 2020, the National Bank of Ethiopia (NBE) adopted the Licensing and Authorisation of Payment System Operators Directive No. ONPS/02/2020. The directive shall enter into force on 15 August 2020. It outlines the conditions for granting aut…
Event type
order
Action type
adoption
Government branch
executive
Government body
central bank