Rwanda: Local operations requirement 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
Other operating conditions
Policy Instrument
Local operations 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 local operations requirement entered into force
On 25 September 2023, Regulation No. 74/2023 Governing Payment Services Providers, including local operations requirement, enters into force after being published in the official gazette. The regulation mandates applicants to be legally incorporated…
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 local operations requirement
On 18 September 2023, the Governor of the National Bank of Rwanda signed Regulation No. 74/2023 Governing Payment Services Providers, including local operations requirements. The regulation mandates applicants to be legally incorporated in Rwanda, m…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central government