Ethiopia: Financial Consumer Protection (Directive No. FCP/01/2020) including security obligations entered into force
Description
Financial Consumer Protection (Directive No. FCP/01/2020) including security obligations entered into force
On 25 February 2021, the Financial Consumer Protection Directive No. FCP/01/2020 entered into force. The directive mandates that Financial Services Providers implement policies to ensure data confidentiality and security, inform consumers about thes…
Scope
Policy Area
Data governance
Policy Instrument
Cybersecurity regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
central government