Amendment Tracker
Gazette amendments to the Banks and Trust Companies Act (2025 Revision) since the 2025 Revision.
Banks and Trust Companies (Licence Applications and Fees) Regulations (2026 Revision), (LG4,
Gazette: 29 Jan 2026Commencement: Not specified
Section-level detail not yet available for this entry.
Banks and Trust Companies (Licence Applications and Fees) Regulations (2026 Revision)
Gazette: 29 Jan 2026Commencement: Revised as at 31st December, 2025
sch.amendedConsolidated revision of the Banks and Trust Companies (Licence Applications and Fees) Regulations incorporating all amendments to date, consolidating the original 1989 licence applications and fees regulations with numerous subsequent amendments
Banks and Trust Companies (Licence Applications and Fees) (Amendment) Regulations, 2025
LG55, S8LG55/S8
Gazette: 19 Dec 2025Commencement: Not specified
Section-level detail not yet available for this entry.
Banks and Trust Companies (Licence Applications and Fees) (Amendment) Regulations, 2025
SL 66 of 2025Supplement No. 8, Gazette No. 55 of 2025
Gazette: 19 Dec 2025Commencement: Made in Cabinet on 17 December 2025; no specific commencement date stated
s.6substitutedSubstitutes paragraphs (a) and (d) of regulation 6 to introduce tiered licence renewal fees based on asset categories (up to US$1B, US$1B-3B, and over US$3B) with fees escalating from 2026 through 2029 and thereafter, and adds paragraphs (aa) and (da) specifying that asset calculations are based on the average of total assets at the end of each of the four calendar quarters.
Banks and Trust Companies Act (2025 Revision),
Gazette: 28 Jan 2025Commencement: Not specified
Section-level detail not yet available for this entry.
Banks and Trust Companies Act (2025 Revision)
Gazette: 28 Jan 2025Commencement: Revised as at 1st January, 2025
sch.amendedConsolidated revision of the Banks and Trust Companies Act incorporating all amendments to date, consolidating Law 4 of 1989 with numerous subsequent amendments through Acts 14 of 2023 and 10 of 2024
Banks and Trust Companies (Amendment) Bill, 2024
Gazette: 15 Nov 2024Commencement: Not specified
Section-level detail not yet available for this entry.
Banks and Trust Companies (Amendment) Act, 2023 (Commencement) Order, 2024
LG26, S9LG26/S9
Gazette: 31 Jul 2024Commencement: Not specified
Section-level detail not yet available for this entry.
Banks and Trust Companies (Amendment) Act, 2023
LG41, S2LG41/S2
Gazette: 15 Dec 2023Commencement: Not specified
Section-level detail not yet available for this entry.
Banks and Trust Companies (Licence Applications and Fees) Regulations (2021 Revision) (LG4,
Gazette: 12 Jan 2021Commencement: Not specified
Section-level detail not yet available for this entry.
Banks and Trust Companies Act (2021 Revision)
Gazette: 12 Jan 2021Commencement: Not specified
Section-level detail not yet available for this entry.
Banks and Trust Companies (Amendment) Law, 2020 (LG 39, S5)
Gazette: 22 May 2020Commencement: Not specified
Section-level detail not yet available for this entry.
Banks and Trust Companies Law (2020 Revision),
Gazette: 9 Jan 2020Commencement: Not specified
Section-level detail not yet available for this entry.
Banks and Trust Companies (Amendment) Law, 2019
Law 17 of 2019LG28/S8
Gazette: 8 Aug 2019Commencement: Not specified
Section-level detail not yet available for this entry.
The Private Trust Companies (Amendment) Regulations, 2019
Commencement: Not specified
s.2amendedAmended the definition of “connected trust business” by substituting “of which there is one or more than one contributor” for “the contributors”.
s.3addedInserted paragraph (1A) allowing the Authority to inspect documents and records at the registered office.
s.3amendedAmended paragraph (2) to require documents to be made available for inspection, deleted 'and' from paragraph (d), substituted a semi-colon and 'and' for the full stop in paragraph (e), and inserted paragraph (f) related to financial and transactional records.
s.4amendedAmended paragraph (2)(a)(iii) by inserting "or members, if any," after "the shareholders".
s.4addedInserted sub-paragraph (aa) requiring proof of identification of directors and shareholders.
s.4amendedAmended paragraph (2)(b) by substituting “three thousand five hundred” for “seven thousand”.
s.4addedInserted paragraph (2A) requiring a surcharge for late payment of the annual registration fee.
s.4amendedAmended paragraph (3) by substituting "paragraphs (2)(a) and (aa)" for "paragraph (2)(a)".
s.4addedInserted paragraph (4) requiring notification of changes in information provided to the Authority.
s.4addedInserted regulation 4A requiring a natural person as a director and regulation 4B allowing the Authority to refuse or cancel registration.