Global
Okcoin secures regulatory approval in Malta and the Netherlands
Cryptocurrency exchange Okcoin may soon be opening its doors wider to crypto traders in Malta and the Netherlands following approval from key regulators. ...
Nigeria
Nigeria: CBN directs commercial banks to set up Forex teller points
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated branches for the sale ...
Nigeria
CBN to refund capital deposit, licensing fees to BDCs
The Central Bank of Nigeria has said it will commence the refund of the N35 million minimum capital deposits to applicants of Bureau De Change ...
Global
Ireland secures agreement to draft Central Bank (Individual Accountability Framework) Bill
Ireland’s Minister for Finance has received agreement from his Cabinet colleagues to approve the drafting of the Central Bank (Individual Accountability Framework) Bill. ...
Global
BISIH and Monetary Authority of Singapore to enhance real-time payments connectivity
The Bank for International Settlements Innovation Hub Singapore Centre and the Monetary Authority of Singapore (MAS) have published a proposed blueprint for enhancing global payments network ...
Global
UK’s CMA mandates Variable Recurring Payments
UK’s Competition and Market Authority (CMA) has decided to mandate Variable Recurring Payments (VRPs) as the mechanism for implementing sweeping. The CMA published a letter ...
Global
Singapore :MAS removes caps on dividend payments by local banks
The Monetary Authority of Singapore (MAS) has decided to remove caps on dividends paid by locally incorporated banks and finance companies, according to Reuters. The caps ...
Nigeria
Nigeria: CBN Releases $200m to Banks to Quell Forex Speculation
The Central Bank of Nigeria (CBN) yesterday released a total of $200 million to all commercial banks in the country as part of ...
Africa
The Central Bank of Eswatini to discontinue cheques effective Jan 2022
The Central Bank of Eswatini (CBE) and Eswatini Bankers’ Association(EBA) wish to notify the public of their intention to discontinue cheques as a ...
Global
UAE Central Bank issues new guidance on anti-money laundering and combatting financing of terrorism
The Central Bank of the UAE (CBUAE) has issued a new Guidance on anti-money laundering and combatting the financing of terrorism (AML/CFT) for ...