Regulatory Alerts2025-01-21
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Non-Bank Financial Institutions Regulatory Authority Annual Financial Statements for the Year Ended 31 March 2022
The Non-Bank Financial Institutions Regulatory Authority of Botswana has issued its audited annual financial statements for the year ended 31 March 2022, which require adherence to International Financial Reporting Standards and the NBFIRA Act of 2016. The report details a total operating surplus of P14.65 million, total assets of P63.43 million, and identifies supervisory levies as the dominant revenue stream while addressing trade receivable impairment. External auditors Mazars validated the accounts, confirming accurate financial positioning and sufficient resources to sustain ongoing regulatory operations.
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