Ethiopia: National Bank rule on licensing and authorisation of payment instrument issuers (Directive No. ONPS/09/2023) entered into force with grace period
Description
National Bank rule on licensing and authorisation of payment instrument issuers (Directive No. ONPS/09/2023) entered into force with grace period
On 6 October 2023, the Licensing and Authorisation of Payment Instrument Issuers Directive No. ONPS/09/2023 came into force with a grace period. Entities licensed by the National Bank of Ethiopia (NBE) to issue payment instruments before this date m…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank