Ethiopia: National Bank issued Financial Consumer Protection (Directive No. FCP/01/2020) including fair marketing and advertising practice requirement
Description
National Bank issued Financial Consumer Protection (Directive No. FCP/01/2020) including fair marketing and advertising practice requirement
On 25 August 2020, the National Bank of Ethiopia (NBE) issued the Financial Consumer Protection Directive No. FCP/01/2020 and it enters 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
Fair marketing and advertising practice requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank