Daracorp Team
18 posts
Ethiopia's Data Protection Law Turns Two Without a Single Enforcement Case. Here's the Self-Assessment to Run Before ECA's Directives Land
Ethiopia's Personal Data Protection Proclamation is two years old with no public enforcement case yet. A self-assessment risk and audit teams can run before ECA finishes its implementing directives.
Ethiopia Quietly Redefined 'Financial Institution.' Does Your AML Programme Know It?
Proclamation No. 1387/2025 broadened who counts as a financial institution under Ethiopia's AML law and what counts as reportable property. A five-point checklist for compliance teams who haven't re-read it since.
NBE's New Special Economic Zone Directive Means Not Every Bank Can Follow Its Clients In
NBE's Directive No. SBB/99/2026 requires a separate licence, and a prudential eligibility test, before any bank can open a branch inside a special economic zone. A self-test for risk teams before the board discusses it.
NBE Widened Its Virtual Asset Ban in July. Here's the STR Trigger Most AML Programmes Still Miss
NBE's July 2026 Public Notice on Virtual Assets, paired with August's ban on seven crypto apps, turns crypto exposure from a risk rating into a reportable pattern. What compliance teams should add to their escalation checklist.
Ethiopia Is About to License Its First Mutual Funds. Here's Who Needs to Be Ready
ECMA has finalised Ethiopia's Collective Investment Schemes directive and sent it to the Ministry of Justice. What fund managers, custodian banks and boards should build before it clears the last procedural step.
Can Your Auditor Also Run Your Deal? A New Licence Puts the Question to Ethiopian Boards
ECMA licensed Deloitte Ethiopia as an investment bank on 31 August 2026. What the dual-role scenario means for conflict checks when Ethiopian boards pick capital-markets advisers.
Ethiopia Just Scored Its Own AfCFTA Readiness. Here's the Checklist Your Trade Finance Desk Should Run
Ethiopia completed its first AFIRM review of AfCFTA Protocol on Trade in Goods implementation in Bishoftu this August. Here's a five-point self-assessment risk and audit teams can run against the same criteria.
ESAAMLG's 2026 Kigali Meetings Just Reset the AML Bar From 'Do You Have a Policy' to 'Does It Work'
ESAAMLG's 2026 Kigali meetings are themed 'From Technical Compliance to Demonstrable Outcome.' What that shift means for Ethiopian AML/CFT programmes and the evidence file worth building now.
Kenya, Uganda and Rwanda Just Started Writing the Region's Payment Rulebook. Ethiopia Isn't in the Room
The EAC just moved its Cross-Border Payment System Masterplan into implementation. Ethiopia isn't a member, but the governance gap it's building around is one Ethiopian risk teams can benchmark against now.
Meba Just Registered Securities With ECMA. Here's What Changes for Every MFI Board
Meba became the first Ethiopian microfinance institution to register shares with ECMA. Registration brings insider-information duties MFI boards have never had to formalise before.
Nine Questions Every Ethiopian Payment Provider's Risk Team Should Be Able to Answer
NBE's ONPS/10/2025 doubled the capital bar, capped ownership and mandated wallet interoperability for Ethiopian payment providers. A risk team's readiness Q&A, from capital adequacy to the 2026-2030 digital payments roadmap.