Notes on compliance, done properly.
Plain-language explainers, practical guidance, and field notes for Ethiopian capital-market, banking and public institutions.
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Ethiopia's Insurers Have Six Months to Prove Their Boards Are Fit and Proper
NBE's Directive SIB/63/2026 gives Ethiopian insurers six months to get board members, executives and 2%+ shareholders individually approved as fit and proper, or face fines. It's a competency-evidence problem as much as a legal one.
Building a Whistleblowing Channel People Actually Use
Ethiopia's anti-corruption push means more organisations must show a working whistleblowing channel. A box nobody trusts is worse than none. How to design a speak-up channel people actually use.
MNPI and Information Barriers: What to Build Before You List on the ESX
With the ESX live and ECMA issuing directives under Proclamation 1248/2021, pre-IPO companies face obligations most have never managed, chief among them controlling material non-public information. What to build before you list.
Ethiopia's Personal Data Protection Proclamation 1321/2024: Your First 90 Days
Ethiopia now has a comprehensive data-protection law, Proclamation No. 1321/2024, supervised by the Ethiopian Communications Authority, and it applies to far more than banks. A practical 90-day plan to move from exposed to defensible.
Foreign Banks Are Coming: What Proclamation No. 1360/2024 Means for Your Compliance Team
Banking Business Proclamation No. 1360/2024 opens Ethiopia's banking sector to foreign entrants for the first time in decades. The response is turning compliance capability into a competitive advantage before the licences land.
Six Transaction Red Flags Your Frontline Staff Keep Missing — and the STR That Should Follow
ESAAMLG's mutual-evaluation cycle keeps pressure on Ethiopian reporting entities to file quality STRs. Six red flags tellers and relationship managers routinely miss, and how to turn a hunch into a defensible STR.