Rwanda: Governor of the National Bank signed Regulation No. 74/2023 Governing Payment Services Providers including licensing requirements

Description

Governor of the National Bank signed Regulation No. 74/2023 Governing Payment Services Providers including licensing requirements

On 18 September 2023, the Governor of the National Bank of Rwanda signed Regulation No. 74/2023 Governing Payment Services Providers, including licensing requirements. Article 5 of this regulation states that no person is permitted to carry on a pay…

Scope

Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), software provider: other software
Implementation Level
national
Government Branch
executive
Government Body
central government

Complete timeline of this policy change

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2023-09-18
adopted

On 18 September 2023, the Governor of the National Bank of Rwanda signed Regulation No. 74/2023 Gov…

2023-09-25
in force

On 25 September 2023, Regulation No. 74/2023 Governing Payment Services Providers, including licens…