Order No. 1/23, of 30 January, of the National Bank of Angola approved new rules for the opening, maintenance, operation and closure of bank accounts by natural and legal persons.
From the now applicable regime we highlight the f..
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Order No. 1/23, of 30 January, of the National Bank of Angola approved new rules for the opening, maintenance, operation and closure of bank accounts by natural and legal persons.
From the now applicable regime we highlight the f..
On 23 December 2022, the long-awaited Insurance Act, 2021 (new Act) came into force following the issuance of Commencement Order No. 83 of 2022 by the Minister of Finance and National Planning, Dr Situmbeko Musokotwane.
Fintech in Zambia is governed by various pieces of legislation, depending on the type of financial service offered. There is no single piece of legislation that governs the entire fintech industry. Generally, fintech is governed by the same laws that govern traditional fi..
In an effort to prohibit the lending of money without a licence, the Bank of Tanzania (the BoT), on 24 November 2022 published a notice (the Notice) prohibiting institutions, companies and individuals who are in the business of providing loans without a licence contrary t..
On 23 September 2022, the Governor of the Bank of Tanzania published the Banking and Financial Institutions (Financial Leasing) Regulations via Government Notice 575 of 2022revoking the Banking and Financial Institutions ..
The Parliament of Uganda passed the National Payment Systems Act (the Act) in 2020 and a year later, the National Payment Systems Regulations 2021 (the Regulations) were passed to operationalise the Act. The objective of this regime is to cont..
The Financial Sector Conduct Authority has published the first of what will be a series of regulations to manage crypto assets and their providers. Following its initial proposal on 20 November 2020, the Financial Se..
Carbon trading has gained momentum in recent years with demand being driven by businesses in developed countries with high carbon emissions seeking to offset their carbon footprint through the purchase of carbon credits from voluntary ..
As African countries grapple with the measures necessary to meet their nationally determined commitments (“NDCs”) under the Paris Agreement, it..