Regulatory Alerts2025-01-01
Microfinance (Non-Deposit Taking Microfinance Institutions) (Amendment) Directive 2025
The Registrar of Financial Institutions issued the Microfinance (Non-Deposit Taking Microfinance Institutions) (Amendment) Directive 2025 to modify the regulatory framework for non-deposit taking microfinance institutions. The directive amends paragraph 5 of the 2018 regulations by deleting its second subparagraph and renumbering the remaining provisions to streamline compliance. This structural update takes effect immediately upon gazette publication, ensuring alignment with the Microfinance Act without altering substantive licensing or operational requirements.
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