← Erudite Africa Center of ExcellenceBank and MFISchool of Banking FundamentalsIntermediate
Ethiopian Regulatory Landscape for International Operations
FX rules, foreign investment, correspondent banking, AML/CFT and foreign bank entry for managers in Ethiopian banks
Interpret Ethiopia's FX, investment and AML/CFT rules for complex cross-border requests, assess correspondent relationships, and brief your board on the arrival of foreign banks.
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What you will be able to do
- Interpret FX and investment rules for complex, non-routine requests and advise customers correctly
- Apply the conversion, retention, forward and open position rules in daily FX dealing
- Assess correspondent banking relationships and the bank's compliance programme against FATF and correspondent expectations
- Analyse the strategic and regulatory impact of foreign bank entry on international business
- Govern international operations through policy, controls and NBE reporting, and brief a board on a response strategy
- For
- International banking managers, trade services and treasury supervisors, correspondent banking and compliance leads in Ethiopian banks who have completed Level 1 of this topic or have equivalent experience.
- Study time
- About 6 hours online, in 5 modules (24 hours in the classroom version)
- Each module
- Short lessons, animated visuals, Ethiopian examples, decisions to make, NBE rules and worked calculations, then a quiz
- Assessment
- A 20-question final exam; pass mark 70%
- Certificate
- Erudite Africa Center of Excellence certificate of completion
- Access
- Module 1 free for registered users; the full course, exam and certificate for subscribers
The 5 modules
- Module 01Free previewThe foreign exchange regime in depthWork confidently inside the market-based FX regime: how rates are set, what exporters must convert and may keep, how forwards work and what the bank must report.6 lessons · 65 min · quiz
- Module 02Foreign investment, borrowing and non-routine requestsAdvise foreign investors and complex importers correctly: open and closed sectors, capital registration, external loans within 60:40, guarantees, dividend remittance and the newer import routes.6 lessons · 70 min · quiz
- Module 03Foreign bank entryUnderstand how foreign banks may enter Ethiopia under Proclamation No. 1360/2025 and SBB/94/2025, and what their arrival means for a domestic bank's international business.6 lessons · 65 min · quiz
- Module 04Correspondent relationships and the AML/CFT programmeRun correspondent relationships that foreign banks trust, and an AML/CFT and sanctions programme that meets FATF and correspondent expectations.6 lessons · 70 min · quiz
- Module 05Compliance governance and the board briefingGovern international operations through policy, controls and reporting, then brief the board on Alpenmeer's entry and recommend a response strategy.6 lessons · 70 min · quiz
- Officer simulationA month as international operations compliance officer at Bank A, head officeWork as international operations compliance officer: 11 real-life items, decisions with consequences and a hand-over note. Pass with 70% to qualify for the certificate.
- Final examFinal exam and certificate20 applied questions across all 5 modules. Pass with 70% to download your certificate.
Built on
- Erudite Africa training module: Ethiopian Context, topic 1.c Ethiopian Regulatory Landscape for International Operations, Level 2 Intermediate (October 2026)
- NBE directives as listed in the lessons: FXD/01/2024, FXD/04/2026, FXD/05/2026, FVD/01/2026, SBB/94/2025, SBB/96/2025, SBB/99/2026, SBB/87/2024, SBB/89/2024, SBB/91/2024, NBE/INT/13/2026, and the MPC No. 7 release (13 July 2026)
- NBE Proclamation No. 1359/2025 and Banking Business Proclamation No. 1360/2025
- Investment Proclamation No. 1180/2020, Council of Ministers Regulation No. 474/2020 and Ethiopian Investment Board Directive No. 1082/2025
- FATF Recommendations and the Wolfsberg Group Correspondent Banking Due Diligence Questionnaire (international standards)
- AML/CFT Proclamation (reported as No. 780/2013) and Customs Proclamation (reported as No. 859/2014, as amended), to be confirmed against the official texts
Examples and companies are fictional. Bank practices are shown as typical Ethiopian practice, not as any one bank's policy. Always apply your own institution's approved policy and the current NBE directives.