Regulatory Alerts2025-01-01
Supervisory Levy for Banks Regulations 2025
Issued by the Minister of Finance and Economic Affairs under the Financial Services Act, these regulations mandate Malawian banks to pay an annual supervisory levy to the Registrar. The charge comprises a base rate of 0.04 percent on twelve-month average risk-weighted assets, subject to a K60 million minimum and a tiered surcharge on non-performing loan ratios ranging from zero to 0.25 percent. Payable within four months of year-end via direct debit from the Reserve Bank of Malawi, the framework introduces late payment interest, an eighteen-month exemption for new banks, and revokes the 2018 regulations to fund supervisory operations.
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