Ethiopia
2 regulators · 7 laws & regulations · 1 obligation
| Law or regulation | Type | Year | Regulator | Summary | Source |
|---|---|---|---|---|---|
| Directive No. SIB/62/2026 on Licensing of Insurance Broker status not recorded | Direction | 2026 | NBE | NBE directive on licensing insurance brokers, posted on 25 March 2026 together with… | official |
NBE directive on licensing insurance brokers, posted on 25 March 2026 together with directives SIB/63/2026 (persons with significant influence in an insurer) and SIB/64/2026 (external auditor of an insurance company). The page does not state the legal basis or effective date. | |||||
| Draft Insurance Proclamation draft | Act | 2026 | NBE | Draft posted by the NBE for public comment, with comments due by 29 April 2026. It gives… | official |
Draft posted by the NBE for public comment, with comments due by 29 April 2026. It gives the regulator power to enforce licensees' anti-money laundering and terrorist financing obligations (Art. 6(12)), provides for inclusive insurance and takaful licences (Arts 35(2)-(3)) and defines bancassurance (Art. 2(4)). | |||||
| Draft Regulatory Sandbox Directive (number not yet assigned) draft | Direction | 2025 | NBE | Unnumbered draft in which licensed financial institutions may test innovations for up to… | official |
Unnumbered draft in which licensed financial institutions may test innovations for up to twelve months (Art. 12.1), with informed customer consent (Art. 15.1), a Birr 300,000 processing fee (Art. 29) and incident reporting to the NBE within 24 hours (Art. 18). It cites Arts 6(21) and 53(2) of Proclamation No. 1359/2025 and Arts 89(2) and 91(2) of Proclamation No. 1360/2025. | |||||
| Directive on Licensing, Operation and Supervision of Securities Exchanges, Derivatives Exchanges and the Over the Counter Market No. 1009/2024 status not recorded | Direction | 2024 | ECMA | ECMA directive covering licensing, operation and supervision of securities exchanges… | official |
ECMA directive covering licensing, operation and supervision of securities exchanges, derivatives exchanges and the over-the-counter market. The download page was created on 21 July 2024 and last updated on 21 November 2024; the text was not read. | |||||
| Revised Federal Ethics and Anti-Corruption Commission Establishment Proclamation No. 1236/2021 status not recorded | Act | 2021 | — | Adopted on 19 February 2021 and published in Federal Negarit Gazette No. 15. It sets up… | official |
Adopted on 19 February 2021 and published in Federal Negarit Gazette No. 15. It sets up the Commission as an independent body, requires ethics and anti-corruption liaison offices in public bodies, and provides for declaration and verification of officials' assets and financial interests. It repeals Proclamations No. 433/2005 and No. 883/2015. | |||||
| Labour Proclamation No. 1156/2019 status not recorded | Act | 2019 | — | Covers recruitment, employment contracts, wages, termination, severance, occupational… | official |
Covers recruitment, employment contracts, wages, termination, severance, occupational safety and health and liability for work injuries. It bars employers and managerial employees from retaliating against a worker for exercising a right and from sexual harassment at work; FAOLEX records it as not repealed. The Platform to Protect Whistleblowers in Africa links a ministry copy at mols.gov.et. | |||||
| Computer Crime Proclamation No. 958/2016 status not recorded | Act | 2016 | — | Adopted on 7 July 2016 and published in Federal Negarit Gazette No. 83. It repeals… | official |
Adopted on 7 July 2016 and published in Federal Negarit Gazette No. 83. It repeals Articles 706 to 711 of the Criminal Code and Article 5 of the Telecom Fraud Offence Proclamation No. 761/2012. The Council of Europe profile says it creates offences such as inciting fear online and requires service providers to keep communications records for at least a year. | |||||
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