Ethiopia: National Bank rule on licensing and authorisation of payment system operators (Directive No. ONPS/02/2020) entered into force

Description

National Bank rule on licensing and authorisation of payment system operators (Directive No. ONPS/02/2020) entered into force

On 16 February 2021, the National Bank of Ethiopia (NBE)'s Licensing and Authorisation of Payment System Operators Directive No. ONPS/02/2020 entered into force. Payment system operators licensed by the NBE had to comply with the provisions of the d…

Scope

Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license 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

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2020-08-05
adopted

On 5 August 2020, the National Bank of Ethiopia (NBE) adopted the Licensing and Authorisation of Pa…

2021-02-16
in force

On 16 February 2021, the National Bank of Ethiopia (NBE)'s Licensing and Authorisation of Payment S…