Global
FCA to double fees charged to regulated firms
The Financial Conduct Authority is proposing to double the fees charged to member institutions under its ambit. Under the proposals, the minimum fee, ...
Nigeria
Nigeria: FCCPC says joint committee has commenced investigations of money lending fintechs
The Federal Competition and Consumer Protection Commission (FCCPC) says the joint regulatory and enforcement committee to probe rights violation and unfair practices in ...
Global
Tenpay fined for violation of foreign exchange rules
China has fined Tenpay, an online-payment unit of Tencent Holdings, USD 438,000 for violating foreign exchange rules amid growing regulatory scrutiny of the nation’s fintech ...
Kenya
Kenya: CBK retains base lending rate at 7%
The Central Bank of Kenya (CBK) on Monday retained the base lending rate at 7 percent for the eleventh time in a row ...
Nigeria
Nigeria: SEC Warns Companies, Registrars to Stop Selective Dividend Payments
The Securities and Exchange Commission (SEC) has warned quoted companies and capital market registrars against the practice of making selective payments and distribution ...
Global
RBI fines SBI, 2 payment system operators
The RBI has imposed a Rs 1-crore penalty on SBI for contravention of the Banking Regulation Act and holding shares in borrower companies ...
Global
South Korea Financial Regulator May Impose Tax On NFTs
Amid the ongoing controversy surrounding virtual asset taxation in the country, South Korea’s Financial Authority recently proclaimed non-fungible tokens (NFT) as taxable. On ...
Global
Trulioo receives approval from German authorities to verify users’ age
Identity verification company Trulioo has announced it received authorisation from the German Commission for the Protections of Minors in the Media to verify the ages of end ...
Global
TradeTogether gets MAS exemption
Singapore-based TradeTogether, a fintech digital assets management company, has received a MAS exemption to manage cryptocurrency funds for high-net-worth and institutional investors. The exemption ...
Ghana
Ghana: Banking Sector Remains Sound, Well Capitalised With Growth in Assets – Governor
The banking sector remains sound, and well-capitalised with strong growth in total assets, investments and deposits, Governor of the Bank of Ghana, Dr ...
