Regulatory
India Blocks AliPay, TaoBao and 116 Chinese Apps Over Sovereignty Concerns
On Thursday, India blocked 188 mobile applications over concerns that they engage in activities that are prejudicial to sovereignty, integrity, defence, the security ...
Regulatory
NSE suspends six quoted Firms
The Nigerian Stock Exchange has suspended six quoted firms for their inability to file corporate accounts as required. The suspended companies include FTN ...
Regulatory
ECB cautions against the power of Big Tech in financial services and cloud provision
The European Central Bank has bemoaned the absence of an EU challenger capable of taking on the might of Big Tech cloud providers ...
Global
AML, KYC and Sanctions Fines for Global Financial Institutions Reach $5.6 Billion Mid-Year
Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions, has released its mid-year findings on global financial ...
Nigeria
FIRS targets N446b from Stamp Duties
The Federal Inland Revenue Service (FIRS) says it is ready and equipped to help the government deliver on its commitment to the people ...
Regulatory
CBN orders banks to pay 10% of MPR as interest on savings deposit
The Central Bank of Nigeria (CBN) has ordered banks to henceforth pay 10% of it’s Monetary Policy Rate (MPR) as the minimum interest ...
Regulatory
Robinhood under investigation by SEC, FINRA for handling of day-long March outage
Robinhood is under investigation by the Securities and Exchange Commission and the Financial Industry Regulatory Authority over its handling of a March outage. ...
Regulatory
Indian Banks asked to refund charges collected for digital payments after Jan 1
In a move to encourage digital payments in India, the Central Board of Direct Taxes (CBDT) said that banks can not levy any ...
Regulatory
We will soon extend the GSI policy to OFIs — CBN
The Director, Financial Policy and Regulation Department, CBN, Mr Kevin Amugo on Friday said that talks were ongoing with other financial institutions, to ...
Regulatory
US SEC Redefines Accredited Investors to Include Those With Proven Knowledge
The U.S. Securities and Exchange Commission (SEC) has amended the definition of accredited investors, such as to include those with proven financial knowledge. ...
