Regulatory
Global: CFPB Targets Privacy and Consumer Protections in Digital Payments
The Consumer Financial Protection Bureau (CFPB) is exploring how existing privacy and consumer protection laws can be applied to emerging digital payment platforms, ...
Regulatory
Global: India Extends Deadline for UPI Market Share Cap Implementation
India has once again delayed the implementation of a market share cap for third-party app providers operating on the Unified Payments Interface (UPI) ...
Regulatory
Zambia’s SEC Takes Action Against Standard Chartered Over Mis-selling of Chinese Property Bonds
Zambia’s Securities and Exchange Commission (SEC) has taken enforcement action against Standard Chartered Bank for mis-selling bonds issued by a Chinese property developer ...
Kenya
Kenya Moves to Regulate Cryptocurrencies with Draft Legislation
Kenya is taking significant steps toward regulating cryptocurrencies by drafting a comprehensive legislative proposal, signaling a strategic departure from previous cautionary advisories issued ...
Regulatory
Global: EBA Issues Final Guidelines on ESG Risk Management
The European Banking Authority (EBA) has released its final guidelines on Environmental, Social, and Governance (ESG) risk management, providing a comprehensive framework to ...
Nigeria
Nigeria: CBN Unveils Non-Resident Nigerian Accounts to Drive Diaspora Investments
The Central Bank of Nigeria (CBN) has launched two specialized accounts designed to enhance diaspora investments and financial management for Non-Resident Nigerians (NRNs). ...
Nigeria
Nigeria: SEC to Enhance Regulatory Framework for Government and Corporate Borrowing
The Securities and Exchange Commission (SEC) has reaffirmed its commitment to strengthening the regulatory framework for borrowing by governments and corporations in Nigeria. ...
Nigeria
Nigeria: NAICOM Partners with Malaysia to Advance Takaful Insurance in Nigeria
The National Insurance Commission (NAICOM) has joined forces with the Malaysian government to foster knowledge sharing and capacity building aimed at driving the ...
Regulatory
Global: New Leadership in House Financial Services Committee Sets Focus on Digital Asset Regulation
The House Financial Services Committee has announced its leadership team with a clear focus on advancing digital asset regulation. Rep. French Hill (R-Ark.), ...
Nigeria
Nigeria: NBS Set to Unveil Rebased GDP Data by End of January
The National Bureau of Statistics (NBS) has announced that the long-anticipated rebased Gross Domestic Product (GDP) figures will be officially unveiled by the ...