Global
RBI invites payment system providers to apply for Aadhaar e-KYC licence
The Reserve Bank of India has invited applications from NBFCs, payment system providers and payment system participants looking to obtain Aadhaar e-KYC licence. ...
Regulatory
Rwanda: Central bank warns merchants against transferring MoMo Pay fees to clients
The National Bank of Rwanda (BNR) has warned businesses against transferring the recently reintroduced fees on MoMo Pay transactions to clients. Mobile Money Rwanda on September ...
Egypt
EGYPT: CENTRAL BANK ISSUES LE 20.5B IN T-BILLS
The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, announced plans to issue LE 20.5 billion in treasury bills ...
Nigeria
CBN issues guidelines for Basel III, to commence implementation in November
The Nigerian Central Bank (CBN) has set November 2021 as the deadline for banks to begin implementing Basel III criteria. The Basel III ...
Global
Central Bank of Brazil releases minimum scope of data for Phase 4 of Open Banking
The Central Bank of Brazil has released the minimum scope of data for Phase 4 of Open Banking, to be detailed by the Open Banking ...
Global
SIX Digital Exchange gets regulatory approval from FINMA
SIX Digital Exchange (SDX) has formally received green-light from FINMA to operate a stock exchange and a central securities depository for digital assets in Switzerland. This ...
Ethopia
Ethiopia: EU watchdog clears Vodafone, Safaricom venture for Ethiopia entry
The European Commission (EC) has cleared a joint venture between Safaricom and its parent firm Vodafone for Ethiopia entry after initially announcing plans ...
Nigeria
CBN directs banks, PSPs to process bulk payments on platforms
The Central Bank of Nigeria, CBN, has directed banks and Payment Service Providers , PSPs, to commence processing of end-to-end bulk payments or transfers ...
Global
Brazil: Central bank impose spending limits on new PIX payments system
Brazil’s central bank has imposed spending limits on its new PIX instant payments platform in the face of a sharp increase in “lightning ...
Global
British Financial Regulator Lays Out 3 Ways to Rein in Cryptocurrencies
Charles Randell, Chair of the Financial Conduct Authority, lays out the risks of cryptocurrencies as well as three ways that regulators can keep ...
