Regulatory
EMTECH Unveils Sandbox To Streamline Central Bank Regulatory Reviews
EMTECH is rolling out its new Modern Central Bank Sandbox, which will help to streamline regulatory reviews and test central bank digital currencies (CBDCs), ...
Regulatory
UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
The U.K.’s Financial Conduct Authority (FCA) has fined Barclays £26 million ($31.6 million) for its treatment of consumer credit customers who fell into arrears on ...
Regulatory
UK Regulations to Create New Digital Markets Unit
U.K. antitrust regulators are creating a Digital Markets Unit that will be given the duty to enforce rules applicable to Big Tech firms. That new ...
Regulatory
Reserve Bank of India Enhances RTGS money transfer operation 24X7
RBI Governor Shaktikanta Das announced that the RTGS facility would be available round-the-clock from today The RBI also decided to increase the limit ...
Regulatory
France fines Google $120M and Amazon $42M for dropping tracking cookies without consent
France’s data protection agency, the CNIL, has slapped Google and Amazon with fines for dropping tracking cookies without consent. Google has been hit with a total ...
Regulatory
CBN issues new licence categorization for the Nigerian payment systems
In a bid to promote a strong and credible payment system in the country, the Central Bank of Nigeria, CBN, has approved ...
Regulatory
China regulator puts country’s fintech giants on notice hinting at more rules
China’s top banking regulator on Tuesday questioned the power of the country’s large financial technology companies and hinted at “timely and targeted measures ...
Regulatory
Russian central bank takes a U-turn on its cryptocurrency stance
Central bank’s digital currency, commonly known as CBDC, entails lots of risks for the banking sector and offers many benefits for consumers and ...
Regulatory
Malaysian Stock Exchange expands market-making framework to increase efficiency, flexibility
Malaysian Stock Exchange has expanded its market-making framework to increase market efficiency and promote liquidity and depth, effective today. Bursa Malaysia in a ...
Regulatory
Reserve Bank of India increases limit for contactless card transactions from January 1
To ensure the adoption of digital payments in a safe and secure manner, the Reserve Bank of India governor yesterday announced that the ...