BRRA Executive Director Sharon Sichilongo commends BoZ’s Regulatory Impact Assessment
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By Derrick Sinjela In fulfilling one of its objectives of promoting a conducive business regulatory environment, the Business Regulatory Review Agency (BRRA) is conducting a Regulatory Impact Assessment (RIA) engagement with the Bank of Zambia. This Regulatory Impact Assessment move follows the Bank of Zambiaโs ,(BoZ) notification to BRRA on the proposed review of the National Payment Systems Act of 2007. The objective of the legislative review is to improve clarity of the law, refine the oversight and control mechanisms and provide for resilience of payment systems in the National Payment Systems Sector. It will also provide for emerging issues...