Nigeria
Nigeria: CBN Proposes Increase in BDC Share Capital to Enhance Regulatory Framework
The Central Bank of Nigeria (CBN) is contemplating a significant increase in the share capital requirements for Bureau De Change (BDC) operators, proposing ...
Regulatory
Global: ECB Officials Critique Crypto Regulation as Dressing for a ‘Naked Emperor’
High-ranking payments experts at the European Central Bank (ECB) have criticized the Securities and Exchange Commission’s (SEC) approval of spot exchange-traded funds (ETFs) ...
Regulatory
Global: Frankfurt Secures Bid to Host New EU Anti-Money Laundering Agency
After a rigorous selection process, Frankfurt has emerged victorious in the bid to host the European Union’s new Anti-Money Laundering Authority (AMLA), surpassing ...
Nigeria
Bureau De Change Operators in Nigeria to Implement Automation to Combat Street Trading
The Association of Bureau De’Change Operators of Nigeria (ABCON) has unveiled plans to introduce automation into its trading operations to combat the activities ...
Regulatory
Global: Argentine President Proposes Bill to Penalize Central Bank Financing of Treasury
Argentine President Javier Milei announced on Thursday his intention to introduce a bill aimed at penalizing the central bank for financing the nation’s ...
Regulatory
Global: Germany’s Financial Regulator BaFin to Ease Restrictions on FinTech
Germany’s financial watchdog, BaFin, is reportedly poised to ease its stringent oversight on FinTechs, signaling a shift in regulatory approach. According to Bloomberg’s ...
Nigeria
Nigeria: CBN and ONSA Forge Alliance to Combat Illicit Activities in FX Market
The Central Bank of Nigeria (CBN) and the Office of the National Security Adviser (ONSA) have formed a strategic partnership to investigate and ...
Nigeria
Nigeria: CIBN Collaborates with Senate Committee to Discuss Proposed CIBN Act Bill
The Chartered Institute of Bankers of Nigeria (CIBN) recently engaged with the leadership and members of the Senate committee to discuss the passage ...
Regulatory
Global: TikTok Commits to Minors’ Safety Amid EU Investigation
The European Commission has initiated formal proceedings against TikTok under the Digital Services Act (DSA), emphasizing its commitment to safeguarding the well-being of ...
Regulatory
Global: China’s Securities Watchdog Seeks Strategies to Restore Market Confidence
In a bid to restore confidence in China’s securities market, the country’s securities watchdog has initiated discussions with market participants, focusing on proposals ...
