Nigeria
Nigeria: Access Holdings to acquire indirect equity stake in Sigma Pensions
The National Pension Commission (PENCOM) and the Federal Competition and Consumer Protection Commission (FCCPC) have approved the proposed acquisition by First Guarantee Pension Limited (FGPL) and First ...
Global
Global: German regulator tells 1&1 to stop MVNO sales by end of 2023
The German Federal Network Agency (Bundesnetzagentur) has set a deadline for 1&1 to give up the mobile service business provided by its subsidiary ...
Global
Global: Coinbase CEO Brian Armstrong Says Decentralized Finance Should Be Protected From Regulatory Overreach
Coinbase CEO Brian Armstrong is voicing his opinion on potential regulations involving crypto and decentralized finance (DeFi). Armstrong says he’s grateful that Michigan ...
Global
Global: Vipps and MobilePay get EC approval for merger
The European Commission has approved a merger between Nordic mobile payments players MobilePay and Vipps after a third partner, Pivo, pulled out. Last ...
Global
Global: Gatehouse Bank handed £1.5m fine by FCA over “poor” AML checks
The UK’s Financial Conduct Authority (FCA) has slapped Gatehouse Bank with a £1.5 million fine citing “significant weakness” in its anti-money laundering (AML) ...
Regulatory
South African Financial Sector Regulator Declares Crypto Assets a Financial Product
According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory ...
Global
Global: Google fined $162 million by India antitrust watchdog for abuse of Android platform
India’s competition regulator on Thursday (Oct. 20, 2022) ordered Alphabet Inc’s (GOOGL.O) Google to change its approach to its Android platform and fined ...
Global
Global: FDIC Head- Regulators Must Understand Crypto Risks
United States financial regulators will likely have stronger guidance for banks regarding cryptocurrencies once those agencies have a better handle on the risks. ...
Global
Global: EU Competition Officials Say Regulatory Tools Can Be Used in Metaverse
Will metaverse markets be ones in which consumers and businesses can participate freely or ones in which dominant platforms and companies can control ...
Nigeria
Nigeria: FG Reverses 10% Tariff Increases On Data, Voice Services
The Nigerian Communications (NCC) has ordered the reversal of the implementation of the newly approved 10% hike in tariff for voice and data ...