Ethiopia: National Bank issued rule on licensing and authorisation of payment instrument issuers (Directive No. ONPS/01/2020)
Description
National Bank issued rule on licensing and authorisation of payment instrument issuers (Directive No. ONPS/01/2020)
On 1 April 2020, the National Bank of Ethiopia (NBE) issued the Licensing and Authorisation of Payment Instrument Issuers Directive No. ONPS/01/2020, which came into force with a grace period. Entities licensed by the NBE to issue payment instrument…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank