Regulatory Alerts2007-08-22
Bank of Botswana Licensing Policy under the Banking Act
The Bank of Botswana issued this Licensing Policy to codify licensing requirements for financial institutions under the Banking Act (CAP 46:04). It mandates minimum capital thresholds, liquidity management, governance standards, and fit-and-proper board oversight for commercial banks, discount houses, credit institutions, investment banks, and representative offices. Replacing the 1990 framework, the policy ensures all licensed entities maintain adequate capital adequacy, comply with prudential supervision, and align their operations with domestic market needs.
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