Capital Goods Leasing Business Amendment April 27, 2023

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The Capital Goods Leasing Business (Amendment) Proclamation No. 807/2013 amends the Capital Goods Leasing Business Proclamation No. 103/1998, introducing new definitions, licensing requirements, and regulations for operating lease and capital goods finance businesses in Ethiopia. The proclamation aims to enhance the regulatory framework for capital goods leasing, ensuring safety and soundness of the business, and is effective as of its publication date in the Federal Negarit Gazette.