Regulatory
FINRA orders Robinhood to pay $70m penalty for “false and misleading information”
The sanctions represent the largest financial penalty ever ordered by FINRA On top of the fine, FINRA has ordered Robinhood to pay $12.6 ...
Regulatory
South African Regulators Reportedly Fast-Tracking Crypto Regulatory Framework
With South Africa receiving more than its fair share of cryptocurrency-related scams, a report suggests that regulators are responding to this challenge by ...
Regulatory
Securities and Exchange Commission warns ponzi scheme advertisers
The Securities and Exchange Commission (SEC) has urged media outlets to desist from availing their platforms to individuals or groups of persons who ...
Regulatory
China’s internet regulator opens inquiry into Didi ride-hailing service
China’s internet regulator has launched an investigation into one of the country’s biggest ride-hailing services, Didi, two days after the company’s massive initial ...
Regulatory
Nigeria: SEC approves 7 NGX derivatives contracts, to launch West Africa’s first ETD
The Securities and Exchange Commission (SEC) has approved seven derivatives contracts for Nigerian Exchange Limited (NGX). This was disclosed in an announcement released ...
Regulatory
Nigeria: SEC issues framework for interconnecting CSDs
The Securities and Exchange Commission (SEC) has commenced moves to ensure interconnectivity and interoperability among the Central Securities Depositories (CSDs) to enhance the ...
Regulatory
CBN to issue N722.17 billion treasury bills in Q3 2021
The Central Bank of Nigeria (CBN) seeks to raise a sum of N722.17 billion in cash through the issuance of treasury bills in ...
Regulatory
CBUAE issues guidance on anti-money laundering, combatting terrorism for licenced financial institutions
The Central Bank of the UAE (CBUAE) has issued a new guidance on anti-money laundering and combatting the financing of terrorism (AML/CFT) for ...
Regulatory
CBN directs stakeholders to develop inclusive national fintech strategy
The Central Bank of Nigeria (CBN) has directed stakeholders in the financial sector to ensure the development of a robust, inclusive and actionable ...
Regulatory
Nigeria: Cowrywise secures license from SEC to operate as a portfolio management company
Cowrywise, a Nigerian-based fintech company has received a fund/portfolio management license from Nigeria’s Securities and Exchange Commission (SEC). This will enable it to ...
