Malawi
5 regulators · 4 laws & regulations · 9 obligations · 1 enforcement action
| Law or regulation | Type | Year | Regulator | Summary | Source |
|---|---|---|---|---|---|
| Financial Services (Risk and Governance Requirements for Banks and Bank Holding Companies) Directive, 2018 (GN 51 of 2018) status not recorded | Direction | 2018 | — | Prescribes risk and governance requirements for banks and bank holding companies… | official |
Prescribes risk and governance requirements for banks and bank holding companies: shareholder, board and director duties (paras 4-17) and board committees, internal audit and an independent risk function (paras 18-20). Amended by GN 31 of 2024, effective 24 May 2024. It has no provisions on outsourcing, information technology or incident reporting. | |||||
| Communications Act, 2016 (Chapter 68:01) | Act | 2016 | MACRA | Establishes MACRA, sets its functions (s. 6) and makes consumer protection an express… | official |
Establishes MACRA, sets its functions (s. 6) and makes consumer protection an express objective (s. 2(h)). Bars licensees from disclosing subscriber information except under a written law or High Court order (s. 54) and requires SIM card registration (s. 92). Section 104 had not commenced in the version read; the date shown is for most other provisions (GN 24 of 2017). | |||||
| Electronic Transactions and Cyber Security Act (Chapter 74:02) | Act | 2016 | MACRA | Gives legal recognition to electronic writing, signatures, contracts and records (Part… | official |
Gives legal recognition to electronic writing, signatures, contracts and records (Part III), establishes the Malawi Computer Emergency Response Team as a unit under MACRA (s. 6), creates computer-related offences such as unauthorised access and interference with data (s. 84) and sets data processing principles and data subject rights (ss. 71-74). The page shows no commencement provision; a commencement notice is listed on MalawiLII. | |||||
| Employment Act, 2000 (Act No. 6 of 2000) | Act | 2000 | Ministry of Labour | Sets minimum standards of employment. Requires a valid reason connected with capacity… | official |
Sets minimum standards of employment. Requires a valid reason connected with capacity, conduct or operational requirements for dismissal (s. 57(1)), says filing a complaint or taking part in proceedings against an employer is not a valid reason (s. 57(3)(g)), and gives labour officers entry and inspection powers (s. 9). Commencement date taken from MalawiLII; the ministry's copy leaves it to a Gazette notice. Section 1 of the ministry's copy cites the Act as the 'Employment Act, 1999'. | |||||
| No instruments match these filters. | |||||