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Public Notice - Application for licensing as an insurer

INSURANCE INDUSTRY ACT (2015) Application for licensing as an insurer IN ACCORDANCE with the provisions of section 8 (5) of the Insurance Industry Act, a notice is hereby given that CHRISLAAN INVESTMENTS (PTY) LTD has been authorised to undertake reinsurance business and has been issued with the...

Insurance Industry Act, 2015

Ref Information Letter NBFIRA 9/6/10-V (141) INSURANCE INDUSTRY ACT, 2015 Addressee Insurers and Insurance Intermediaries File General Insurance Correspondence Issue date Effective date Information Letter Status 26/08/2020 16/05/2020 NBFIRA 9/6/10 –V(141) Issued Subject Revised Transitional...

Public Notice - Walk-in Clients and Visitors to be Assisted by Appointment Only

In light of increasing official number of Covid-19 cases reported by the Covid-19 Task Force, the Authority has with immediate effect implemented the following measure in the interest of the health and safety of its staff and valued stakeholders: Walk-in clients and visitors will be assisted by...

Public Notice - Confirmed Covid-19 Case at NBFIRA

The Authority informs its valued stakeholders and members of the public that it has recorded a positive COVID-19 incident among its staff members. Contract tracing is ongoing and the Authority is closely working with the Ministry of Health and Wellness to ensure the safety of its staff members. We...

Invitation for Contributions- Proposed First Draft of the Non-Bank Lenders Act

CIRCULAR TO: All Sector Participants and the Public FROM: Non-Bank Financial Institutions Regulatory Authority (NBFIRA) DATE: 22 September 2020 SUBJECT: Invitation for Contributions- Proposed First Draft of the Non-Bank Lenders Act The non-bank lenders in Botswana are regulated by the Non-Bank...

Public Notice- Update on Bluthorn Fund Managers (Pty) Ltd

In line with Section 57 of the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) Act, the High Court confirmed the statutory management of Bluthorn Fund Managers (Pty) Ltd (Bluthorn) on April 03, 2020. A comprehensive report with recommendations was submitted to NBFIRA by the Statutory...

Press Release- Court Order Sought to Liquidate Bluthorn Fund Managers

Botswana: The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) informs stakeholders that it has acted on the Statutory Manager’s recommendations and filed an application at the High Court seeking an order to liquidate Bluthorn Fund Managers (Pty) Ltd (BFM). BFM was licensed by the...

Financial Stability Council Meets

The Financial Stability Council (FSC) met on August 25, 2020 to deliberate on recent developments in the financial sector, as well as to address regulatory and public interest issues relating to the stability, performance and prospects for the domestic financial sector. Overall, notwithstanding the...

Business Disruption on 11th September 2020

To: All Non-Bank Financial Institutions The Authority informs regulated entities that its normal business operations will be disrupted due to maintenance work to be carried out on the office building on the 11 th September 2020 from 3.30pm-5pm. Regulated entities are advised that the Authority...

Implementation Of Licence Fees, Renewal Of Licence Fees And Annual Sustaining Fees

Reference is made to the Statutory Instruments No. 48 and 49 which were published on the Government Gazette dated 27 March 2020. The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) has, with the approval of the Ministry of Finance and Economic Development (MFED), amended the...

News

Public Notice - Application for licensing as an insurer

Insurance Industry Act, 2015

Public Notice - Walk-in Clients and Visitors to be Assisted by Appointment Only

Public Notice - Confirmed Covid-19 Case at NBFIRA

Invitation for Contributions- Proposed First Draft of the Non-Bank Lenders Act

Public Notice- Update on Bluthorn Fund Managers (Pty) Ltd

Press Release- Court Order Sought to Liquidate Bluthorn Fund Managers

Financial Stability Council Meets

Business Disruption on 11th September 2020

Implementation Of Licence Fees, Renewal Of Licence Fees And Annual Sustaining Fees

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