Rwanda: Licensing requirements in Regulation No. 74/2023 Governing Payment Services Providers
Progress
Current status
in force
25 Sep 2023 in force
18 Sep 2023 adopted
Scope
Implementers
Rwanda
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
software provider: other software
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Regulation No. 74/2023 Governing Payment Services Providers including licensing requirements entered into force
On 25 September 2023, Regulation No. 74/2023 Governing Payment Services Providers, including licensing requirements, enters into force after being published in the official gazette. Article 5 of this regulation states that no person is permitted to …
SourceEvent type
order
Action type
implementation
Government branch
executive
Government body
central government
Governor of the National Bank signed Regulation No. 74/2023 Governing Payment Services Providers including licensing requirements
On 18 September 2023, the Governor of the National Bank of Rwanda signed Regulation No. 74/2023 Governing Payment Services Providers, including licensing requirements. Article 5 of this regulation states that no person is permitted to carry on a pay…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central government