Regulatory Alerts2025-01-01
Banking (Deposit-Taking Institutions) Regulations 2025
The Central Bank of Botswana has issued the Banking (Deposit-Taking Institutions) Regulations 2025 to establish comprehensive licensing and prudential frameworks for entities accepting deposits from individuals, groups, and associations. The regulations mandate a minimum capital of P2.5 million, a 12.5 percent capital adequacy ratio, and strict liquidity management rules while defining permissible activities like mobile money services and prohibiting foreign exchange transactions. They further standardize application procedures, merger approvals, voluntary winding-up processes, and administrative penalties to ensure financial stability across the sector.
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