Summary
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The "Requirements for Licensing of Capital Goods Finance Business Directive No. CGFB/02/2013" outlines the rules and regulations for obtaining and renewing a license to operate a capital goods finance business in Ethiopia, including requirements for organizers, project managers, directors, and chief executive officers. The directive sets out specific criteria for "fit and proper" persons, including integrity, financial soundness, and competence, and establishes procedures for licensing, commencement of operation, and renewal of licenses, as well as penalties for non-compliance.
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