Regulatory
Global: UK Payment Providers Advocate for Reevaluation of APP Fraud Refund Policy
Payment firms are urging a reconsideration of UK plans aimed at safeguarding victims of Authorized Push Payment (APP) fraud, asserting that a refund ...
Nigeria
Nigeria: NDPC Relaunches Registration Portal for Prospective DPCOs to Bolster Data Protection in Nigeria
The Nigeria Data Protection Commission (NDPC) has announced the reopening of its registration portal for organizations aspiring to become Data Protection Compliance Organizations ...
Nigeria
Nigeria: SEC and EFCC Collaborate to Combat Virtual Trading Manipulations
The Securities and Exchange Commission (SEC) has affirmed its commitment to collaborate with the Economic and Financial Crimes Commission (EFCC) to combat manipulative ...
Regulatory
Global: Australian Regulator Probes ANZ Over Treasury-Bond Issuance
ANZ Group Holdings revealed on Monday that Australia’s corporate regulator is conducting an investigation into the bank for suspected violations of laws related ...
Nigeria
Nigeria: FRC Set to Introduce Valuation Regulations by July
Ugochukwu Nwora, the Head of the Directorate of Valuation Standards at the Financial Reporting Council of Nigeria (FRC), has announced the council’s initiative ...
Nigeria
Nigeria: Tinubu Directs Suspension of Cybersecurity Levy Implementation
President Bola Tinubu has instructed the Central Bank of Nigeria (CBN) to halt the enforcement of the contentious cybersecurity levy policy and initiate ...
Nigeria
Nigeria: Banks stop collection of deposits processing fees
Some banks have started the implementation of the Central Bank of Nigeria’s directive on the extension of the commencement of processing fees on ...
Regulatory
Global: Banking Industry Urges Federal Reserve to Reconsider Debit Interchange Fee Cap Reduction
In addition to the Consumer Financial Protection Bureau (CFPB)’s efforts to limit credit card late fees, banks are closely monitoring the Federal Reserve’s ...
Regulatory
Global: Updated US Cybersecurity Plan Revisits Digital Identity, But Offers Few Innovations
The U.S. government has unveiled the second iteration of its National Cybersecurity Strategy Implementation Plan (NCSIP), bringing digital identity back into focus, albeit ...
Nigeria
Nigeria: SEC Proposes N10 Million Penalty for Unapproved Securities Issuance
The Securities and Exchange Commission (SEC) has put forward a proposal to impose a penalty of N10 million for the issuance of private ...