Botswana

NBFIRA states that PWI is not licensed or authorised to carry on regulated financial services in Botswana or to solicit funds from the public, and urges extreme caution with its cryptocurrency, virtual asset or investment offers. The notice cites no statute and imposes no penalty.

NBFIRA states the entity is not licensed or authorised to provide financial advice, investment or intermediary services in Botswana and flags its offshore pension transfer offerings as risky. It refers to findings by South Africa's FSCA and New Zealand's FMA and cites no Botswana statute.

The Bank issued a cease-and-desist order directing WFHB to stop all operations and its Board to comply. It found that WFHB, which held an exemption certificate since 2001 under the repealed Banking Act 1995, had used deposits to lend directly to members contrary to the certificate's terms and so conducted banking business without a licence.

NBFIRA cancelled and revoked the pawnshop's exemption. The notice, signed 25 February 2026 and published 27 February 2026, gives no reason; the entity may not offer pawnshop services and must notify customers and return or transfer their assets.

NBFIRA cancelled the company's licence, which the notice ties to virtual asset services. The notice, dated 25 February 2026 and published 27 February 2026, gives no reason; it bars the company from offering virtual asset services and requires it to notify customers and safeguard and return or transfer their assets.

NBFIRA cancelled the broker's licence by a notice signed on 2 July 2025. The notice gives no reason and allows 30 days to wind down, including referring outstanding claims to underwriters.

NBFIRA suspended the company's licence for a minimum of three months after supervisory investigations found it had not met conditional licence requirements and had not remedied this within the agreed time. The suspension continues until NBFIRA lifts it.