Global
Australian Prudential Regulation Authority issues stricter standards for banking licences
The Australian Prudential Regulation Authority (APRA) has issued stricter standards for prospective neobanks that apply for banking licences following Xinja’s collapse. Applicants will need to ...
Global
South Korea expands crypto regulations to foreign entities
South Korea’s Anti-Money Laundering-related law, the Act on Reporting and Using Specified Financial Transaction Information, has been amended and went into effect on ...
Global
BitMEX agrees to pay USD 100 M to settle US charges
BitMEX, a virtual currency derivatives exchange, has agreed to pay up to USD 100 million to settle US charges of unlawfully accepting customer ...
Nigeria
Nigeria: Unclaimed dividends now N170bn – SEC
The Securities and Exchange Commission on Friday said the total unclaimed dividends in the Nigerian capital market stood at N170 billion as of ...
Regulatory
Current Account Deficit Widens – Bank of Tanzania
THE current account deficit widened to 1,414.2 million US dollars from 1,127.0 million US dollars in a similar period last year on account ...
Global
UBS fined by Hong Kong’s SFC for compliance breaches
The Hong Kong Securities and Futures Commission (SFC) has fined Swiss bank UBS $1.5 million for failing to rectify a series of compliance ...
Global
DBS Vickers Gets Greenlight From Singapore Regulator to Provide Crypto Services
The brokerage arm of Singapore’s DBS Bank has received approval “in principle” from the country’s financial regulator to begin offering crypto services to ...
Ghana
Bank of Ghana to pilot CBDC with German securities printing firm G+D
The Bank of Ghana (BoG) is making another step towards the development of a central bank digital currency (CBDC) by partnering with a ...
Egypt
EGYPT’S MOBILE OPERATORS TO REFUND EGP 2M TO CUSTOMERS FOR SERVICE FAILURES
The National Telecom Regulatory Authority (NTRA) has obliged mobile operators in Egypt to refund EGP 2m to their respective customers due to service ...
Nigeria
CBN releases guidelines for regulation, supervision of CGCs in Nigeria
The Central Bank of Nigeria (CBN) on Tuesday, released guidelines for registration and supervision of Credit Guarantee Companies (CGCs) in Nigeria. The guidelines ...
