Global
Global: Norway Imposes Fine on Meta, Facebook’s Owner, for Privacy Violations
Meta Platforms, the owner of Facebook, will face a daily fine of 1 million crowns ($98,500) for privacy breaches, starting from August 14, ...
Global
Global: Coinbase Urges US Federal Judge to Dismiss SEC Lawsuit
Coinbase Global has requested a judge to dismiss the U.S. Securities and Exchange Commission’s (SEC) lawsuit, which accuses the world’s largest publicly traded ...
Africa
African Regulators Urged to Supervise Credit Rating Agencies Amid Poor Ratings
In a joint report by the Economic Commission for Africa (ECA) and the African Peer Review Mechanism (APRM), experts have called on African ...
Global
Global: Federal Reserve’s Bowman Expects More US Rate Hikes to Tackle Inflation
Governor Michelle Bowman of the U.S. Federal Reserve stated on Saturday (August 5, 2023) that the central bank will likely need to implement ...
Kenya
Kenya Halts Worldcoin’s Crypto Project Amid Safety Concerns
The Kenyan interior ministry announced on Wednesday (August 3, 2023) that it has suspended the local operations of the cryptocurrency project Worldcoin while ...
Global
Global: SEC Urges Broker Dealers to Strengthen Anti-Money Laundering Measures
The U.S. Securities and Exchange Commission (SEC) has issued a warning to certain broker dealers, urging them to enhance their policies and controls ...
Nigeria
Nigeria: FCCPC Orders Removal of 18 Apps from Google Playstore Due to Regulatory Violations
The Federal Competition and Consumer Protection Commission (FCCPC) has directed Google Limited Liability Company (LLC) to take down the applications (apps) of 18 ...
Nigeria
Nigeria: NITDA Warns of Hackers Targeting Government Digital Services
The National Information Technology Development Agency (NITDA), through its Computer Emergency Readiness and Response Team, has issued a warning after detecting hacking activities ...
Global
Global: Australian Regulator Initiates Legal Action Against eToro for CFD Misconduct
The Australian Securities and Investments Commission (ASIC) has taken legal action against eToro, an online investment platform, alleging a failure to act honestly ...
Global
Global: FCA Takes Action to Improve Bank Savings Rates in Line with Consumer Duty Rules
The UK Financial Conduct Authority (FCA) has taken its first step under the new Consumer Duty rules by introducing a 14-point action plan ...