Ethiopia: NBE Requirements for Information Technology Management of Microfinance Institution (Directive No. MFI/33/2022) including cybersecurity requirements entered into force

Description

NBE Requirements for Information Technology Management of Microfinance Institution (Directive No. MFI/33/2022) including cybersecurity requirements entered into force

On 2 April 2025, the National Bank of Ethiopia (NBE)'s Requirements for Information Technology (IT) Management of Microfinance Institution Directive No. MFI/33/2022 enter into force. Microfinance institutions were required to implement the requireme…

Scope

Policy Area
Data governance
Policy Instrument
Cybersecurity regulation
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 force

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)…