Memorandum of Understanding

Local Memorandums of Understanding

Memorandums of Understanding (MoUs) define the terms of engagement and scope of information sharing between organizations and provide a framework for consistent cooperation.

Locally the Regulatory Authority has made strides in signing Memorandums of Understanding with key organizations. The Regulatory Authority has signed with;

• Competition Authority
• Bank of Botswana
• Botswana Unified Revenue Services
• Botswana Accounting Oversight Authority
• Financial Intelligence Agency
• Botswana Investment and Trade Centre
• Statistics Botswana
• Financial Stability Council (Ministry of Finance and Economic Development, Non-Bank Financial Institutions Regulatory Authority, Financial Intelligence Agency and Bank of Botswana)
• Companies and Intellectual Property Authority

International Memorandum of Understanding

Internationally the Regulatory Authority establishes bilateral and multinational agreements to align its policies and practices with international best practices of standard setters for better regulation and supervision of the non-banking financial services sector.

• Securities & Exchange Board of India
• Insurance Regulatory Authority, Kenya
• Retirement Benefits Authority, Kenya  
• Capital Markets Authority, Kenya
• Central Bank of the Russian Federation
• National Credit Regulator South Africa