Regulatory
CBN authorises payment service banks to sell dollars
The Central of Nigeria (CBN) yesterday released supervisory framework for payment service banks (PSB). The framework among other things empowered the PSB operators ...
Regulatory
The Regulation Race: Why Singapore and Switzerland Are Competing To Give Crypto a Home
Over the years, regulators have approached the crypto market with a mixture of hostility, bemusement, and confusion. But more recently, things have begun to change. Several countries ...
Regulatory
Poland financial regulator issues public warning about Binance
As Binance faces scrutiny from regulators around the globe, Poland’s finance watchdog has issued a consumer warning about the cryptocurrency exchange. On Wednesday, ...
Regulatory
FIRS appoints banks to recover N1.8trn $342.531M taxes from Multichoice Company
The Federal Inland Revenue Service (FIRS) has directed banks to freeze all accounts of Messrs MultiChoice Nigeria Limited (MCN) And MultiChoice Africa (MCA) ...
Regulatory
France and Singapore pilot cross-border CBDC transactions
Financial authorities in France and Singapore are actively exploring the cross-border applications of central bank digital currencies (CBDCs). In a joint announcement on ...
Regulatory
FCA, PRA and Bank of England set out plan to improve diversity and inclusion in regulated firms
In a discussion paper, the regulators have set out policy options including, among others, the use of targets for representation, measures to make ...
Regulatory
ZNCC Disapproves RBZ Auction Exchange System
THE Zimbabwe National Chamber of Commerce (ZNCC) says Reserve Bank of Zimbabwe (RBZ’s) official exchange of US1: $85 is superficial and has been ...
Nigeria
Nigeria’s payment system is ready for the AfCFTA – CBN
The Central Bank of Nigeria (CBN) has boasted of having a resilient payment system that is more than ready for the African Continental ...
Regulatory
Singapore and Britain agree ‘landmark’ financial services link-up; S’pore central bank target GDP growth above 6%
Singapore and former colonial power Britain had earlier this week announced plans to forge closer business and finance ties. The Monetary Authority of ...
Regulatory
Monetary Authority Of Singapore Wants More Investigative Powers
The Monetary Authority of Singapore wants more power to conduct financial misconduct investigations, proposing new rules that would allow its officers to enter ...
