Ethiopia: NBE Requirements for Information Technology Management of Microfinance Institution (Directive No. MFI/33/2022) including interoperability requirement entered into force with grace period

Description

NBE Requirements for Information Technology Management of Microfinance Institution (Directive No. MFI/33/2022) including interoperability requirement entered into force with grace period

On 1 April 2022, the National Bank of Ethiopia (NBE)'s Requirements for Information Technology (IT) Management of Microfinance Institution Directive No. MFI/33/2022 entered into force with a grace period. Microfinance institutions must implement the…

Scope

Policy Area
Design and testing standards
Policy Instrument
Interoperability requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank

Complete timeline of this policy change

Hide details
2022-04-01
in grace period

On 1 April 2022, the National Bank of Ethiopia (NBE)'s Requirements for Information Technology (IT)…

2023-04-01
in grace period

On 1 April 2023, the National Bank of Ethiopia (NBE)'s Requirements for Information Technology (IT)…

2025-04-02
in force

On 2 April 2025, the National Bank of Ethiopia (NBE)'s Requirements for Information Technology (IT)…