Regulatory
Global: Reserve Bank of India Advocates “Hands-Off” Approach to FinTech Regulation
The Reserve Bank of India (RBI) is reportedly inclined towards adopting a “hands-off” stance in regulating FinTech companies, emphasizing adherence to customer verification ...
Nigeria
Nigeria: CBN Implements New Policy on Foreign Oil Firms’ FX Repatriation
The Central Bank of Nigeria (CBN) has introduced a new directive restricting international oil companies (IOCs) from repatriating 100% of their foreign exchange ...
Regulatory
Global: Bank of Ireland has appointed Niamh De Niese as its inaugural Chief Digital and Architecture Officer
Bank of Ireland has appointed Niamh De Niese from Santander as its first Chief Digital and Architecture Officer, a newly-created role aimed at ...
Regulatory
Global: McHenry Raises Concerns Over FinCEN Funding Amid Beneficial Ownership Debate
During a recent hearing, questions arose regarding the funding of the Financial Crimes Enforcement Network (FinCEN) amidst discussions on beneficial ownership regulations. Under ...
Regulatory
Global: ECB Commits to Exclusively European Suppliers for Digital Euro Development
The European Central Bank (ECB) has outlined its strategy to engage European suppliers in the development of a digital euro platform and infrastructure ...
Nigeria
Nigeria: NITDA’s Drive Elevating Nigeria’s Sectorial Capacities with AI, by Shuaib Shuaib Agaka
In light of Nigeria’s ongoing technological advancements, the National Information Technology Development Agency (NITDA) emerges as a pivotal force shaping the country’s tech ...
Nigeria
Nigeria: CIBN Urges NDIC to Enhance Bank Monitoring Mechanisms
Ken Opara, the President/Chairman of Council of the Chartered Institute of Bankers of Nigeria (CIBN), has urged the Nigeria Deposit Insurance Corporation (NDIC) ...
Nigeria
Nigeria: FIRS Commits to Business-Friendly Tax Policies
In a recent meeting between the Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, and the management team of ...
Nigeria
Nigeria: Senate Committee Urges CBN to Address Inflation
During a retreat with the Nigeria Deposit Insurance Corporation (NDIC) in Lagos, the Senate Committee on Banking, Insurance & other Financial Institutions emphasized ...
Nigeria
Nigeria: Senator Urges CBN to Collaborate with National Assembly on Bank Recapitalisation
Senator Tokunbo Abiru, Chairman of the Senate Committee on Banking, Insurance, and other Financial Institutions, has urged the Central Bank of Nigeria (CBN) ...
