Regulatory Alerts2025-06-12
Added · Updated
Non-Bank Lenders Circular – Credit Information Act
The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) has directed all non-bank lenders to comply with the newly commenced Credit Information Act, 2021. Under this legislation, non-bank lenders must legally submit prescribed consumer credit data to a licensed credit bureau authorized by the Bank of Botswana. This mandatory reporting establishes standardized guidelines for collecting and sharing consumer information to improve credit risk assessment and lending affordability.
More like this from NBFIRA
NBFIRA published 1 document in the last 30 days. We email you each new one the day it's published.
Topics
Share