Financial Services Licence

The licensing and regulatory framework of the financial services sector has two distinct categories, governed, respectively, in accordance with the Banking Act administered by Bank of Botswana, and the Non-Bank Financial Institutions Regulatory Authority Act of 2006 overseen by the Non-Bank Financial Institutions Regulatory Authority (NBFIRA). The Banking Act regulates bank and bank related businesses while non-bank financial services are governed by the NBFIRA Act.

English