Global
Global: Standard Chartered fined £46.5m by Bank of England over reporting failures
The Bank of England has fined Standard Chartered £46.5m for repeatedly misreporting its liquidity position and for “failing to be open and cooperative” with the ...
Global
Global: US financial regulator scrutinising Afterpay and Zip as part of an inquiry into buy now, pay later companies
Australian fintech companies Afterpay and Zip are among several buy now pay later (BNPL) firms that will be forced by the US financial ...
Nigeria
Nigeria: CBN approves appointment of new chairman for FirstBank
The Central Bank of Nigeria (CBN) has approved the appointment of Alhaji Ahmad Abdullahi as non-executive Director of First Bank Holding Plc and Chairman of ...
Global
Global: HSBC fined $85 mln for anti-money laundering failings
Britain’s financial regulator said on Friday that it had fined HSBC (HSBA.L) 63.95 million pounds ($85.16 million) for failings in its anti-money laundering processes. The ...
Nigeria
Nigeria: CMOs to Pay Regulatory Fee on Bonds in 2022, Says SEC
Capital Market Operators (CMOs) will from Jan. 1 begin payment of regulatory fees on bonds for secondary market transactions, the Securities and Exchange ...
Nigeria
Basel III: Most Nigerian Banks Will Meet Capital, Liquidity Target –Fitch
Fitch Ratings has expressed confidence that most Nigerian banks will meet higher capital and liquidity requirements given a healthy metric in the sector. ...
Regulatory
Uganda: BoU to Issue Guidelines On Green Financing
Uganda’s central bank will soon rollout guidelines for green financing to support small and medium and enterprises as the country strives to achieve ...
Africa
Senegal regulator fines underperforming operators
Senegal’s telecom regulator ARTP, has slapped fines amounting to about XOF 20.284 billion (EUR 31 million) on three mobile network operators Sonatel (Orange), ...
Global
Global: Bank of England calls for global tightening of crypto regulation
The Bank of England (BOE) said on Monday that regulatory and legal frameworks for crypto-assets would have to be ramped up both domestically ...
Regulatory
South Africa’s financial regulator plans to introduce framework aimed at protecting vulnerable crypto investors: Report
The commissioner of South Africa’s Financial Sector Conduct Authority, Unathi Kamlana, has reportedly said the government’s rollout of a crypto framework would be ...