Ethiopia: National Bank issued Financial Consumer Protection (Directive No. FCP/01/2020) including consumer protection regulation
Description
National Bank issued Financial Consumer Protection (Directive No. FCP/01/2020) including consumer protection regulation
On 25 August 2020, the National Bank of Ethiopia (NBE) issued the Financial Consumer Protection Directive No. FCP/01/2020 which entered into force with a grace period. The directive shall be effective and in full force six months from the issue date…
Scope
Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
central government