HAVE THE MICRO LENDERS REGULATION BEEN PROMULGATED TO DATE?

Yes.  The Micro Lending Regulations have been approved by the Minister of Finance and Development Planning and were published in the Government Gazette of March 9, 2012. NBFIRA hereby gives formal notice that the regulations and rules set forth in STATUTORY INSTRUMENT No. 14 of 2012 are in effect as of March 9, 2012. Consequently, all licensing exemptions have now expired and new registration and licensing applications are required from all micro lending operators within 30 days from March 23, 2012.