Circular – Personal Questionnaire for Controllers and Key Persons

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Tel: +267 310 2595/ 3686100
Fax: +267 310 2376/310 2353
Plot: 3rd Floor Exponential Building 54351
CBD, Gaborone
Private Bag: 00314, Gaborone, Botswana
Email: info@nbfira.org.bw
Website: www.nbfira.org.bw

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CIRCULAR NO.2 OF 2026

REF: 11/2/1 – I (13)

FROM: DEPUTY CHIEF EXECUTIVE OFFICER- PROFESSIONAL SERVICES

TO: ALL PRINCIPAL OFFICERS

DATE: February 17, 2026

SUBJECT: PERSONAL QUESTIONNAIRE FOR CONTROLLERS/KEY PERSONS

1. The above subject matters refer.
2. The Non-Bank Financial Institutions Regulatory Authority (“NBFIRA”) is empowered by Section 5(2)(e) of the Non-Bank Financial Institutions Regulatory Authority Act of 2023, to give directions to any person to ensure compliance with the relevant law, rule, standard or guideline.
3. Pursuant to this mandate, the Regulatory Authority hereby directs all non-bank financial institutions to immediately adopt and implement the revised Personal Questionnaire for Controllers, which now includes a Data Privacy Notice in alignment with the Data Protection Act, 2024.
4. The updated questionnaire is attached to this circular and has also been uploaded to the NBFIRA website. All applicants undergoing vetting as controllers must complete this revised questionnaire without exception.
5. These changes take effect immediately. All institutions are required to ensure full compliance with this directive.

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NON-BANK FINANCIAL INSTITUTIONS REGULATORY
AUTHORITY
3RD FLOOR EXPONENTIAL BUILDING
PLOT 54351 NEW CBD
PRIVATE BAG 00314 GABORONE BOTSWANA
PHONE:+267 310 2595/+267 3686100 FAX:+267 310 2376

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