Regulatory
Federal Reserve is likely to create a digital currency: Goldman Sachs
Goldman Sachs Chief Economist Jan Hatzius thinks it will be some time before the Federal Reserve creates a digital currency to compete with ...
Regulatory
CBN issues new licence and capital requirements for FinTechs
The Central Bank of Nigeria (CBN) has published new license requirements for Payment System operators in the country. This disclosure is contained in ...
Regulatory
NAICOM’s New Insurance Guidelines Effective June 1
National Insurance Commission (NAICOM) says implementation of new corporate governance guidelines for the insurance industry will commence on June 1. In a ...
Regulatory
Central Bank of Ireland to conduct overarching review of mortgage rules
The Central Bank of Ireland will begin a major review of its mortgage lending rules next month, the first since the measures were ...
Regulatory
South Korea’s Central Bank to Choose Supplier for Digital Currency Pilot
South Korea’s central bank took another step toward developing a central bank digital currency (CBDC) with plans to build a pilot platform, according ...
Regulatory
FSCA warns the public against FSCABUD
The Financial Sector Conduct Authority (FSCA) warns the public against doing any financial services related business with an entity referring to itself as ...
Regulatory
Fed chair Powell floats central bank digital currency and more regulation of cryptocurrencies
Federal Reserve Board Chair Jerome Powell released a lengthy video and statement this week announcing that the Federal Reserve will get more involved ...
Regulatory
FCA demands UK fintechs clarify non-bank status to customers
The UK’s financial watchdog has issued a letter to CEOs of non-bank firms – particularly e-money licensed firms – demanding they make it ...
Regulatory
Figure Securities secures regulatory approval for blockchain securities trading
Figure Securities has been approved as a broker-dealer by the Financial Industry Regulatory Authority, with its blockchain-based trading system given the go-ahead by ...
Regulatory
Credit Suisse overlooked breaches of regulations for years: Report
The Swiss financial regulator FINMA has claimed that Credit Suisse ignored over 100 warnings of potential breach of regulations in a report. Swissinfo ...