Regulatory
China’s digital currency will not compete with mobile payment apps WeChat and Alipay, says programme head
China’s Digital Currency Electronic Payment (DCEP) will not compete with WeChat Pay and Alipay, the head of the programme clarified for the first ...
Regulatory
FRC set to issue audit regulation to enhance transparency
The Financial Regulation Council (FRC) has declared that it would soon issue the much awaited Audit Regulation designed to deepen transparency for investors. ...
Regulatory
NCC grants national roaming services approval to MTN, 9mobile
The Nigerian Communications Commission (NCC) has disclosed that it granted two mobile network operators, MTN and 9mobile, approval to carry out a trial ...
Regulatory
SEC, ASHON move to resolve irregular accounts in capital market
The Securities and Exchange Commission, SEC and Association of Securities Dealing Houses of Nigeria, ASHON, are now collaborating to address the issue of ...
Regulatory
UAE merges Insurance Authority with the Central Bank of UAE
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai tweeted on Saturday that ...
Regulatory
Bank of China Regulations Leave Little Room for Private Stablecoins
Numerous central bank digital currencies (CBDCs) are under development, meaning that various countries are planning to issue a digital asset tied to their ...
Regulatory
CBN reviews appointment requirements for CCOs in Banks
The Central Bank of Nigeria (CBN) has reviewed the appointment criteria for Chief Compliance Officers in Merchant Banks and Regional Banks (Commercial and ...
Regulatory
CBN Reviews Requirement for Banks’ Chief Compliance Officers’ Appointment
The Central Bank of Nigeria (CBN) has reviewed the requirement for the appointment of chief compliance officers (CCOs) by banks. The central bank ...
Regulatory
CBN receives 2,051 fraud-related complaints in 6 months
The Central Bank of Nigeria (CBN) has received 2,051 frauds, ATM card, electronic transactions and excess charges related complaints from bank customers between ...
Regulatory
Fintech giant Ant Group wins approval from China’s securities regulator for jumbo IPO in Hong Kong
Ant Group has won approval from the China Securities Regulatory Commission (CSRC) for its blockbuster initial public offering in Hong Kong, according to ...
