Regulatory
Banks’ll consider sustainable principles before lending – Emefiele
The Governor, Central Bank of Nigeria, Mr Godwin Emefiele has said banks will now consider sustainable banking principles when lending money to individuals ...
Regulatory
Russia’s Central Bank Governor: CBDC Is Future for Country’s Financial System
Russia’s central bank governor, Elvira Nabiullina, believes that digital currencies will be the future of financial systems as the country’s economy moves more ...
Regulatory
SEC issues Cease and Desist Order on Crowdyvest Halal Fund operations
The Securities and Exchange Commission (SEC) has announced that cooperative-driven fintech product, Crowdyvest Halal Fund, is an “unregistered entity purporting to operate as ...
Regulatory
Banks’ interest rates are high despite CBN’s LDR policy – Report
A recent empirical study has revealed that the Central Bank’s Loan-to-Deposit ratio policy did not lead to a drop in the lending rates ...
Regulatory
Thailand’s Central Bank selects Giesecke+Devrient to design CBDC prototype
The Bank of Thailand (BoT) has selected Giesecke+Devrient (G+D), a Germany-based technology company, to develop a central bank digital currency (CBDC) prototype. BoT ...
Regulatory
Ripple scores another win against the United States SEC
Ripple has scored another win in its ongoing legal battle against the United States Securities and Exchange Commission as the court has denied ...
Regulatory
UK Bank Starling Bans Crypto Exchange Deposits Due To ‘Suspected Financial Crime’
A British digital bank has temporarily barred its customers from depositing money to cryptocurrency exchanges over concerns about criminal activity. “This is a ...
Regulatory
SEC says group illegally raised $2B in crypto offering
US Federal regulators have accused a group of people of promoting a securities offering tied to digital currency that raised over $2 billion ...
Regulatory
FCA outlines new rules to protect insurance customers from loyalty penalty
Britain’s financial watchdog has outlined a package of new measures to improve competition and protect loyal insurance customers from paying higher fees. The ...
Regulatory
Namibia: Central Bank to Supress Over-Inflation of Assets
THE Bank of Namibia said it will enhance prudential tools to limit systemic risk. This would include capping overinflated assets in the country’s ...