RegAlertFiji: lending & credit regulation — 2026-09
Partially regulatedFiji lending: RBF oversees credit reporting; general lending lacks specific licence regime
Frozen snapshot — the guide as it stood at the end of 2026-09. See the live guide for the current state.
The Reserve Bank of Fiji (RBF) supervises credit reporting agencies and licensed financial institutions under the Fair Reporting of Credit Act 2016 and its 2016 Regulations. General consumer, SME, microfinance, BNPL, and P2P lending activities are not explicitly covered by a dedicated licensing framework in current documents, leaving their regulatory status uncertain. The RBF enforces prudential standards, including large exposure limits and loan provisioning, for existing licensed financial institutions. Recent legislative updates have expanded credit data reporting obligations and streamlined private company fundraising pathways.
Which licence do you need?
| Your activity | Requirement | Capital | Timeline | Authority |
|---|---|---|---|---|
| Consumer lending | Uncertainverify with regulator No dedicated consumer lending licence identified | — | — | — |
| SME / commercial lending | Uncertainverify with regulator No dedicated SME lending licence identified | — | — | — |
| Microfinance | Uncertainverify with regulator No dedicated microfinance licence identified | — | — | — |
| Buy-now-pay-later | Uncertainverify with regulator No dedicated BNPL framework identified | — | — | — |
| P2P lending platform | Uncertainverify with regulator No dedicated P2P lending licence identified | — | — | — |
| Credit bureau / scoring | LicenceCredit Reporting Agency Licence[1][2] Mandatory licensing for credit reporting agencies and information providers | — | — | Reserve Bank of Fiji |
| Debt collection | Uncertainverify with regulator No specific debt collection regime identified | — | — | — |
New — what changed recently
- 2026-02Access to Business Funding Act 2025 — Enacted to streamline private company fundraising pathways and facilitate investor and lender funding.[3]
- 2021-08Fair Reporting of Credit (Budget Amendment) Act 2021 — Expands credit information definition to utility data and mandates utility provider registration with the RBF.[2]
Market-entry checklist
- 1Incorporate under Fiji Companies Act 2015Register the operating entity with the Fiji Companies Office before applying for any financial registrations.
- 2Apply for Credit Reporting Agency licenceSubmit licensing application to the RBF if the business will collect, maintain, or supply credit information.
- 3Register utility data providersEnsure all utility partners register with the RBF per the 2021 Budget Amendment Act requirements.
- 4Align with RBF prudential guidelinesIf operating as a licensed financial institution, comply with the 25% large exposure limit and loan provisioning ratios.
- 5Implement Privacy Act 2003 complianceEstablish data handling and consent mechanisms aligned with the Privacy Commissioner’s guidelines for credit data.
Sources
- Fair Reporting of Credit Regulations 2016 · 2020-03-22
- Fair Reporting of Credit (Budget Amendment) Act 2021 · 2021-08-18
- Access to Business Funding Act 2025 · 2026-02-06