OtherAmendment
Feb 17, 2021

Directives for the Registration of Construction Professionals and Contractors (Amended) Directive No. 714/2012

This document amends the directives for the registration of construction professionals and contractors, updating the requirements and procedures for their registration. It is issued by the Ministry of Urban Development and Construction.

Who's affectedConstruction professionals and contractors operating in Ethiopia.
ActionReview the amended registration requirements and update any necessary documentation or procedures.
Ministry of Urban and Infrastructure · 714/2012View source
OtherNew
Feb 17, 2021

Directive for Certificate of Competence and Market Authorization of Fabric Face Mask (Directive No. 768/2021)

This directive establishes requirements for the Certificate of Competence and Market Authorization of Fabric Face Masks manufactured in Ethiopia. It outlines definitions, scope, registration procedures, manufacturing requirements, packaging and labeling standards, certificate of competence issuance, and administrative measures for non-compliance.

Who's affectedLocal large-scale manufacturers of fabric face masks intended for community use, excluding those for medical purposes or produced by small and medium-scale manufacturers.
ActionManufacturers of fabric face masks must apply for registration with the Ethiopian Food and Drug Authority, submit required documentation, meet specified manufacturing and labeling standards, and obtain a Certificate of Competence before placing products on the market.
Ethiopian Food and Drug Authority · 768/2021View source
FintechNew
Feb 2, 2021

Licensing and Supervision of the Business of Micro-Financial Institutions Use of Agents (Directive No. 312/2020)

This directive outlines the framework for the licensing and supervision of micro-financial institutions using agents in Ethiopia.

Who's affectedMicro-financial institutions and individuals or entities acting as agents for these institutions.
ActionMicro-financial institutions must ensure their agent operations comply with the requirements outlined in this directive.
National Bank Of Ethiopia · 312/2020View source
OtherNew
Jan 22, 2021

Tourism Code of Ethics (Directive No. 472/2020)

This directive establishes the Tourism Code of Ethics in Ethiopia, outlining ethical obligations for various stakeholders in the tourism sector to promote responsible and sustainable tourism, enhance service quality, and protect cultural and natural resources. It specifies principles, objectives, and measures for implementation and violation handling.

Who's affectedTourist service providing enterprises, employees, private guides, and tourists operating within Ethiopia.
ActionReview the directive to understand and adhere to the specified ethical obligations relevant to your role in the tourism sector.
Ministry of Culture and Tourism · 472/2020View source
OtherNew
Dec 29, 2020

Codification, Valuation and Registration of Movable Properties as Collateral for Credit (Directive No. 186/2020)

This directive establishes rules for the codification, valuation, and registration of movable properties as collateral for credit.

Who's affectedBusinesses and individuals seeking credit, financial institutions, and property valuers.
ActionFinancial institutions and businesses should familiarize themselves with the procedures for codifying, valuing, and registering movable properties as collateral for credit.
National Bank Of Ethiopia · 186/2020View source
InvestmentAmendment
Dec 29, 2020

Amendment of Opening of Branches (Directive 184/2020)

This directive amends Directive No. 96/2020 regarding the opening of insurance branches. It specifies that the National Bank of Ethiopia must provide a written response to applicants within thirty calendar days and sets a fee of Birr 500.00 for each licensed branch an insurer opens.

Who's affectedInsurance companies seeking to open new branches in Ethiopia.
ActionInsurance companies must pay a fee of Birr 500.00 for each licensed branch and be aware of the 30-day response timeline from the National Bank of Ethiopia for applications.
National Bank Of Ethiopia · 184/2020View source
FintechNew
Dec 23, 2020

Licensing and Authorization of Payment Instrument Issuers (Directives No. 314/2020)

This directive outlines the licensing and authorization requirements for Payment Instrument Issuers in Ethiopia, aiming to promote the safety and efficiency of the national payment system, encourage innovation in financial services, and protect user interests. It details application processes, operational requirements, customer due diligence, and oversight mechanisms.

Who's affectedEntities seeking to issue payment instruments, including licensed financial institutions and new applicants, as well as existing payment instrument issuers.
ActionEntities intending to issue payment instruments must apply to the National Bank of Ethiopia, fulfilling all specified requirements for licensing and authorization.
National Bank Of Ethiopia · O31N4P/S2/0012l02020View source
FintechNew
Dec 23, 2020

Licensing and Authorization of Payment System Operators (Directive No. 313/2020)

This directive outlines the licensing and authorization requirements for payment system operators in Ethiopia, issued by the National Bank of Ethiopia.

Who's affectedEntities seeking to operate payment systems within Ethiopia.
ActionEntities intending to operate payment systems must review and comply with the licensing and authorization procedures detailed in this directive.
National Bank Of Ethiopia · 313/2020View source
OtherNew
Dec 22, 2020

Small-Scale Medicine Establishment Directive No. 339/2020

This directive establishes regulations for small-scale medicine establishments to ensure products meet safety, quality, and efficacy standards. It outlines requirements for premises, personnel, production, quality control, and administrative measures for non-compliance.

Who's affectedBusinesses involved in the small-scale manufacturing of medicines, including sanitary items, cosmetics, antiseptics, and medical supplies.
ActionSmall-scale medicine manufacturers must apply for and obtain a certificate of competence from the Ethiopian Food, Medicine and Healthcare Administration and Control Authority by fulfilling specified requirements for premises, professionals, and equipment.
Ethiopian Food and Drug Authority · 339/2020View source
OtherNew
Dec 22, 2020

Graphic Health Warning (Directive No. 334/2013)

This directive from the Ethiopian Food and Drug Authority (EFDA) mandates the inclusion of graphic health warnings on tobacco product packaging, aligning with international standards.

Who's affectedManufacturers and importers of tobacco products.
ActionEnsure all tobacco product packaging features the specified graphic health warnings.
Ethiopian Food and Drug Authority · 334/2013View source
OtherNew
Dec 22, 2020

Pharmaceutical Manufacturer GMP Inspection (Directive No. 338/2020)

This directive establishes a legal framework for conducting Good Manufacturing Practice (GMP) inspections of pharmaceutical manufacturers, both local and foreign. It outlines objectives, principles, types of inspections, roles and responsibilities of inspectors, procedures for application, inspection conduct, reporting, and administrative measures for non-compliance. The directive aims to ensure pharmaceutical products are consistently produced and controlled according to quality standards, utilizing qualified personnel and maintaining consistency and uniformity in inspection and enforcement activities.

Who's affectedLocal and foreign pharmaceutical manufacturing plants, pharmaceutical quality assurance professionals, and regulatory inspectors.
ActionPharmaceutical manufacturers must adhere to the GMP inspection procedures, maintain quality standards, and be prepared for routine, follow-up, or sudden inspections. Manufacturers should familiarize themselves with the requirements for application, inspection conduct, reporting, and potential penalties for non-compliance.
Ethiopian Food and Drug Authority · 338/2020View source
FintechNew
Dec 7, 2020

Financial Consumer Protection Directive No. 91/2020

This directive, issued by the National Bank of Ethiopia, establishes comprehensive financial consumer protection regulations to ensure fair, responsible, and transparent financial transactions. It covers aspects like fair treatment, transparency, product design, data protection, complaint handling, and good governance for financial service providers.

Who's affectedFinancial service providers including banks, insurers, microfinance institutions, and other similar institutions operating in Ethiopia.
ActionFinancial service providers must review their policies and procedures to ensure compliance with this directive within six months of its issue date and implement necessary changes.
National Bank Of Ethiopia · 91/2020View source
FintechNew
Dec 7, 2020

Operationalization of Movable Collateral Registry (Directive No. 92/2020)

This directive operationalizes the Movable Collateral Registry, establishing rules and procedures for its use in facilitating secured transactions using movable assets as collateral. It details requirements for registration, user accounts, fees, and specific obligations for financial institutions regarding credit allocation.

Who's affectedBanks, Microfinance Institutions, Capital Goods Finance Companies, and any individual or entity using movable property as collateral for credit.
ActionFinancial institutions must formulate policies, assign administrators and security administrators, register for user accounts, and comply with credit allocation targets. Other users must register for user accounts and pay applicable fees.
National Bank Of Ethiopia · 92/2020View source