Regulatory
RBI fines eight cooperative banks for regulatory compliances
The Reserve Bank of India (RBI) on Monday imposed fine on eight cooperative banks for deficiencies in their regulatory compliances. The eight banks ...
Regulatory
Global: Indonesia Regulator Bans Crypto Trading and Sales for Finance Service Firms
The Financial Services Authority of Indonesia, also known as the OJK, tightened its grip on trading crypto and facilitating sales in the fifteenth ...
Regulatory
Nigeria: Regulatory Approval Delays MTN Nigeria Allotment of Shares
MTN Nigeria Plc is yet to allocate 575 million shares offered for sale to Nigerian retail investors in December 2021 due to a ...
Nigeria
Nigeria: DPO Group granted regulatory licence to provide payments services in Nigeria
DPO offers merchant aggregation services to over 60,000 active merchants, including eCommerce companies, airlines and travel agents One Payment Limited, a subsidiary of ...
Regulatory
Global: Cryptocurrency ATMs Close Down in Singapore Following Central Bank’s Announcement
Cryptocurrency ATMs are closing down in Singapore to comply with new regulations published Monday by the central bank, the Monetary Authority of Singapore ...
Regulatory
FINRA Considering Changes to Crypto Regulations to Better Protect Investors
The CEO of the Financial Industry Regulatory Authority (FINRA) said the self-regulatory body will look at potential changes to crypto regulations this year ...
Regulatory
Global: SEC Commissioner Says Crypto Doesn’t Require Special Regulatory Framework
One SEC Commissioner says that the watchdog’s regulatory policy is enough to oversee the cryptocurrency industry. While there have been calls by the ...
Regulatory
Global: UK regulator fines Mastercard, others for prepaid cards cartel
Britain’s payments regulator on Tuesday fined five payments companies including Mastercard a total of 33 million pounds ($45.01 million) for cartel behaviour involving ...
Regulatory
Nigeria: Insurance firms’ assets hit N2.09tn amidst recapitalisation suspension
The second and final phases of the Nigerian insurance industry’s recapitalisation exercise which should have ended in September 2021 was halted by litigation ...
Global
Global: IMF staff call for global framework to guide national regulation of crypto
The increasing rate of adoption of crypto assets warrants a global framework to guide their national regulation and supervision, according to staff of ...