Kenya
Kenya: Law to Regulate Digital Lenders Takes Effect
The Central Bank of Kenya (Amendment) Act 2021, that will allow the CBK to license and supervise digital lenders has come into effect ...
Global
Global: New RBI rules for online payments from 1 January, 2022
The RBI has ordered all companies in India to purge saved credit and debit card data from their systems from January 1, 2022. ...
Africa
Seychelles: Central Bank of Seychelles Maintains Interest Rates At 2 Percent Amidst Covid Uncertainty
The Central Bank of Seychelles has decided to maintain its monetary policy rate at 2 percent for the first quarter of 2022 as ...
Global
Global: Metro Bank fined with USD 7.3 mln
The Bank of England has fined Metro Bank USD 7.13 million for failures in its regulatory reporting, after the lender revealed an accounting blunder in 2019. Metro ...
Global
Global: Dubai World Trade Centre to set a crypto regulatory framework
Crypto exchange Binance has signed a memorandum of understanding with the Dubai World Trade Centre authority to help it establish a crypto regulatory ...
Regulatory
Zimbabwe: ZSE gives approval for Cassava name change
Zimbabwe Stock Exchange (ZSE)-listed tech-group Cassava Smartech has been given the nod by the ZSE to change its name to EcoCash Holdings Limited. ...
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 ...
