Regulatory
EU Governments Could Ditch Facebook Platform Over Poor Data Handling
The Dutch government will stop using Facebook if private data handling is not improved. In a recent letter to Parliament, State Secretary Alexandra van ...
Global
Global: UBS invests in communications compliance platform Shield
UBS has joined a $20 million Series B capital raise for Shield, a workplace intelligence platform for compliance teams at financial services firms. ...
Global
Global: UK watchdog fines Swiss bank Julius Baer £18m
Britain’s financial watchdog has fined Swiss bank Julius Baer £18million for helping two ‘corrupt’ employees at a Russian oil group squeeze millions out ...
Nigeria
Nigeria: NITDA Backs Establishment Of Digital Innovation Hubs
The National Information Technology Development Agency (NITDA) has supported proposals for the establishment of Digital Innovation Hubs in the country. Director-General of the ...
Global
Global: South Dakota Governor Bans TikTok From State Devices
South Dakota Gov. Kristi Noem has banned the use of TikTok on state devices. Noem signed an executive order Tuesday (November 29, 2022) ...
Global
Global: BaFin Helps German FinTechs Navigate Regulatory Landscape With New Innovation Hub
“Innovation is key to any market’s survival.” It’s based on that premise that Germany’s Federal Financial Supervisory Authority (BaFin) has launched a FinTech ...
Global
Global: Jyske Bank Accused of AML Violations by Danish Regulators
Danish regulators have reported Jyske Bank for possible anti-money laundering (AML) violations. Denmark’s Financial Supervisory Authority (FSA) said the lender’s due diligence methods had ...
Nigeria
Nigerian Regulators Spurn Cryptocurrencies for Digital Assets That Protect Investors
Despite the popularity of cryptocurrencies in the country, the Securities and Exchange Commission (SEC) of Nigeria has no plans to make crypto part ...
Global
Global: RBI refuses to grant Paytm license as payment aggregator, asks company to reapply
The Reserve Bank of India (RBI) refuses to grant Paytm Payments Services (PPSL) a payment aggregator license, the company informed the bourses on ...
Global
Global: Bank Negara issues exposure draft on licensing and regulatory framework for DITOs
Bank Negara Malaysia (BNM) issued the exposure draft on Licensing and Regulatory Framework for Digital Insurers and Takaful Operators (DITOs) for written feedback ...