Regulatory
Global: KPMG Faces Historic £21 Million Fine for Carillion Audit Failures
The Financial Reporting Council (FRC) has levied a landmark £21 million fine against KPMG for its audit of Carillion, the government contractor that ...
Regulatory
Global: UNDP Unveils a Rights-Based Digital ID Governance Framework
As digital public infrastructure becomes increasingly prevalent, governments worldwide are recognizing the need to adopt digital services for enhanced access and development. In ...
Regulatory
Global: CFPB Targets Large Banks Over Customer ‘Junk Fees’
The Consumer Financial Protection Bureau (CFPB) is issuing a stern warning to major American banks regarding the practice of imposing what they term ...
Nigeria
Nigeria: Citigroup Urges CBN to Lift Forex Restrictions on 43 Items
Citigroup has called for the removal of foreign exchange restrictions on 43 specific items imposed by the Central Bank of Nigeria (CBN) as ...
Namibia
Namibia Grants 4G and 5G Licenses to Three Companies
Namibia’s Communications Regulatory Authority (CRAN) has issued 5G licenses to three companies: Loc8 Mobile, Telecom Namibia Limited, and Mobile Telecommunications Limited. The spectrum ...
Regulatory
Global: Ripple’s Singapore Subsidiary Attains Payments License
Ripple, the cryptocurrency company, announced on Wednesday that its subsidiary in Singapore has secured a payments license that permits operation in the city-state ...
Regulatory
Global: Australian Government Proposes Legislation to Regulate Digital Payment Providers
Australia’s government announced plans on Wednesday () to introduce legislation granting the central bank regulatory authority over digital wallet providers, including Apple Pay ...
Nigeria
Nigerian Government Shifts Focus to Non-Debt Revenue and Announces New Reforms, Says Finance Minister
Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, has declared the government’s commitment to prioritize the utilization of internal ...
Regulatory
Global: US Consumer Protection Agency Explores Applying E-Banking Laws to Digital Assets
The Director of the Consumer Financial Protection Bureau (CFPB), Rohit Chopra, has revealed that the agency is contemplating the extension of e-banking laws ...
Regulatory
Global: FCA Issues 146 Alerts to Non-Compliant Firms on First Day of New Crypto Asset Promotion Rules
The Financial Conduct Authority (FCA) in the UK wasted no time in taking action as it issued a total of 146 alerts regarding ...