Kenya
Kenya: CAK Flags 12 Banks With Hidden Mortgage Charges
Home loan borrowers could get better terms after the competition watchdog directed 12 banks to revise their terms and conditions, citing hidden charges ...
Nigeria
CBN retains MPR at 11.5%, holds other parameters constant
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the Monetary Policy Rate (MPR) at 11.5%, whilst ...
Regulatory
Zimbabwe firms have until December to declare forex transactions or risk hefty fines
Zimbabwean companies have until the end of this year to declare sales undertaken in foreign currency or risk rigorous audits and hefty fines ...
Kenya
Kenya: NBK Gets CMA Nod to De-List From NSE
The National Bank of Kenya has received approval from the Capital Markets Authority(CMA) to de-list from Nairobi Securities Exchange following the full takeover ...
Global
UK to make APP fraud reimbursement mandatory
UK’s government is to legislate for mandatory reimbursement for victims of authorised push payment (APP) scams after hundreds of millions of pounds were ...
Global
ECB extends oversight of electronic payments to digital wallets and crypto-assets
The European Central Bank has approved a new oversight framework for electronic payments which will include coverage of stablecoins and other crypto-assets. The ...
Global
SlimPay obtains PIS and AIS approval
SlimPay, European provider of recurring payments solutions for subscriptions, has obtained PIS / AIS (Payment Initiation Service / Account Information Service) approval. This ...
Global
UAE’s central bank issues new guidelines on AML
The Central Bank of the UAE (CBUAE) has issued new guidance on anti-money laundering and combating the financing of terrorism (AML/CFT) for licensed exchange houses ...
Global
Canada’s regulators offer guidance on crypto advertising and marketing
Canadian regulators have issued a guidance regarding the problematic advertising and marketing practices of crypto trading platforms. The joint guidance published by the ...
Nigeria
Nigeria: NCC plans to revitalise telecom special numbering service segment
The Nigerian Communications Commission (NCC) is taking a decisive regulatory move to ensure sustainability, profitability and fair competition in the Special Numbering Service (SNS) segment of the ...
