Regulatory
FIRS extends deadline for filing annual tax returns
The Federal Inland Revenue Service on Thursday extended the deadline for filing of annual returns in a number of tax categories for taxpayers. ...
Regulatory
Just 3% of US top financial regulators in last 106 years were Black
In 1913, President Woodrow Wilson signed the Federal Reserve Act into law and, in the process, moved the U.S. toward a modern financial system. The ...
Regulatory
Bank of Ireland fined €1.66m for failings amid cyber fraud
Bank of Ireland has been fined €1.66 million by the Central Bank for regulatory breaches, after it transferred more than €100,000 to a fraudster who hacked ...
Regulatory
Copyright Commission Charged on regulatory and enforcement mandates
Operatives of Nigerian Copyright Commission (NCC) have been charged to uphold the Public Service ethics of transparency, accountability, integrity and professionalism for proactive ...
Regulatory
New Russian Law Bans Bitcoin Payments for Goods and Services
Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to ...
Regulatory
Stamp duty payable on rent below seven years is 0.78 per cent
The Federal Inland Revenue Service (FIRS) on Saturday clarified that the stamp duty payable on rent or lease agreement for a period below seven years ...
Regulatory
US Insurance Regulators Pledge To Address Racism And Discrimination Within The Industry
The National Association of Insurance Commissioners (NAIC) has announced the formation of a special committee focused on Race and Insurance. “Our regulatory system ...
Regulatory
US Takes Down $25 Million Bitcoin ATM Operation, Seizes 17 Machines
The U.S. government has taken down a $25 million bitcoin ATM operation and seized 17 machines along with some cryptocurrencies. The Department of ...
Regulatory
China warned to prepare for ‘big rise’ in bad loans as financial system braces against coronavirus, rising global tensions
China’s banking regulator has asked the country’s lenders to make preparations for a “big rise” in non-performing loans as part of Beijing’s efforts ...
Regulatory
Minister orders NIPOST to suspend new charges
The Minister of Communications and Digital Economy, Isa Pantami, has ordered the Nigerian Postal Service to halt the implementation of the new charges ...