Department of Supervision of Microfinance Institutions
Directions, Guidelines, Operating Instructions, Circulars issued to Microfinance Institutions
 
              Application for a Licence under the Microfinace Act, No 06 of 2016
   Directions Issued in 2017
              1. Opening, Closure and Relocation of Business Places - Direction No. 01 of 2017
              2. Structural Changes - Direction No. 02 of 2017
   Directions Issued in 2016
              1. Minimum Core Capital - Direction No. 01 of 2016
              2. Statutory Reserve - Direction No. 02 of 2016
              3. Deposits - Direction No. 03 of 2016
              4. Maintenance of Minimum Liquid Asset Ratio - Direction No. 04 of 2016
              5. Assessment of Shareholders - Direction No. 05 of 2016
              6. Assessment of Fitness and Propriety of Directors and Chief Executive Officer / General Manager - Direction No. 06 of 2016
              7. Regulatory Framework for Accommodation - Direction No. 07 of 2016
              8. Reporting Requirements - Direction No. 08 of 2016
   Rules Issued in 2016
              1. Licensing Criteria - Rule No. 01 of 2016
              2. Licence Fee - Rule No. 02 of 2016