Global
Global: FCA warns of jail time for BNPL bosses over financial promotions
The UK’s Financial Conduct Authority is warning BNPL bosses that they could face jail time if they do not stick to stringent financial ...
Nigeria
Nigeria: Coronation Insurance, Royal Exchange, three others get N41 million fines from NGX
The latest X-Compliance report by the Nigerian Exchange Limited(NGX) has shown that five insurance firms were recently fined N41 million for failure to file ...
Ghana
Ghana: We are committed to ensuring rigorous enforcement of rules for operators – SEC
The Securities and Exchange Commission is assuring all market operators, investors, and the public that it is committed to ensuring rigorous enforcement of ...
Kenya
Kenya: Kuza Asset gets CMA nod to register unit trust funds
The Capital Markets Authority (CMA) has granted approval to Kuza Asset Management to register unit trust funds, becoming the latest firm to enter ...
Global
Global: CBDCs May Need Global Regulation, EU Commissioner Says
Central bank digital currencies (CBDCs) may require a network of international deals to stop state-backed money from infringing on other countries’ sovereignty, European ...
Global
Global: New powers a threat for Financial Conduct Authority
Regulatory independence would be “very rapidly” eroded and the City’s competitiveness undermined if contentious plans to allow the Treasury to intervene in financial ...
Nigeria
Nigeria: Media, Telecom Regulator’s Partner, says Danbatta
Professor Umar Danbatta, the Executive Vice Chairman, Nigerian Communications Commission (NCC), has said the media remains an indispensable partner in information dissemination to ...
Kenya
Kenya: SMEs to access capital through stock market
Small firms listing on the Nairobi Securities Exchange (NSE) Growth and Enterprise Markets segment will finally be able to raise funds through the ...
Global
Global: CFPB Seeks $1B+ in Fines From Wells Fargo
The Consumer Financial Protection Bureau (CFPB) wants Wells Fargo to pay more than $1 billion for alleged mistreatment of customers, a settlement that ...
Global
Global: UK Crypto Firms Will Need FCA Approval to Advertise
The U.K.’s House of Commons on Thursday (Nov. 3) passed new regulations that limit how cryptocurrency assets can be promoted in the country. ...