Regulatory Alerts2024-10-01
Added · Updated
Microfinance Activities Regulation
The Banque de la République du Burundi issued Regulation No. 001/2018 to establish the licensing, operational rules, and supervisory framework for microfinance institutions in Burundi. The regulation defines four categories of institutions, authorizes specific financial and non-financial activities, and imposes strict prohibitions on unauthorized entities and certain high-risk operations. It further mandates fit-and-proper requirements for management and outlines the procedures for granting, modifying, or withdrawing regulatory approval.
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