Regulatory
Capital One fined $80m for 2019 data breach
The US Office of the Comptroller of the Currency (OCC) has levied an $80 million civil penalty against Capital One. The fine relates ...
Regulatory
Exchange rate falls across the forex markets as CBN devalues the naira
Nigeria’s exchange rate at the NAFEX window depreciated to N386 during last intraday trading on Friday, August 7, 2020. In another development, the ...
Regulatory
Nigerian Government set to regulate civil workers usage of social media
The Nigerian Government has begun the regulation of social media usage by civil servants, saying their posts should be in support of the ...
Regulatory
SADC Banking Association -Transactions Cleared on an Immediate Basis (TCIB – Low-Value Cross Border Credit Transfers)
In support of the SADC Strategy on Financial Inclusion and SME Access to Finance as a means to accelerate financial inclusion programmes in ...
Regulatory
Regulatory Technology Makes Government Regulations Less Onerous
The term “Regulatory Technology” is relatively new. It was first used by a U.S. Trade Representative who was explaining why the US was ...
Regulatory
Trump Signs Executive Order to Ban Business with TikTok
US President, Donald Trump has reportedly signed an executive order that aims to prohibit all transactions with TikTok’s parent company, Bytedance. This order ...
Regulatory
UAE Central Bank unveils more measures to boost capacity of banks to support customers
The regulator is relaxing two key liquidity requirements within the Targeted Economic Support Scheme that was launched in March The Central Bank of ...
Regulatory
CBN directs banks to share customers’ data with Fintechs
The Central Bank of Nigeria (CBN) has asked commercial banks to share their customers’ data with financial technology (Fintech) companies to increase access ...
Regulatory
Draft document on protection of telecoms investment as Critical national Infrastructure awaits presidential assent
The Minister of Communications and Digital Economy, Dr Isa Pantami, says the draft document on the Executive Order protecting Telecommunications Infrastructure across the ...
Regulatory
CBN Considers Extension Payment System Vision Strategy
The Central Bank of Nigeria (CBN) yesterday unfolded plans to review backward its 10-year Payment Systems Vision (PSV-2030) strategy, which will now span ...
