Ghana
Ghana Struggles to Secure Debt Restructuring Deal with International Bondholders
Ghana has not succeeded in reaching an agreement on restructuring approximately $13 billion of its external debt with two groups of international bondholders, ...
Regulatory
Global: UK Intensifies Efforts to Enhance AML Regulations, Insights from Credas CEO
Consultation on Enhancing AML Regulations In March, HM Treasury unveiled a consultation to bolster the Money Laundering, Terrorist Financing and Transfer of Funds ...
Regulatory
Global: ECB’s Confidence Grows in Inflation Fight, Villeroy Indicates Rate Cut Likely
According to European Central Bank (ECB) policymaker Francois Villeroy de Galhau, the ECB is becoming increasingly confident in its efforts to combat inflation, ...
Regulatory
Global: European Parliament Approves Stringent Migration Reforms for Enhanced Repatriation
The European Parliament has enacted significant reforms to the EU’s migration and asylum policies aimed at streamlining the repatriation of irregular migrants to ...
Kenya
Kenya: New 20% Excise Duty on Digital Lenders Threatens Financial Inclusion in Kenya
The implementation of a 20% excise duty on digital lenders as part of Kenya’s Finance Bill 2024 is causing significant concern among fintech ...
Kenya
Kenya’s ICT Ministry Pushes for New Digital ID and AI Regulations
Eliud Owalo, Kenya’s Cabinet Secretary for Information and Communication Technology, has announced his ministry’s initiative to propose new legislation aimed at regulating the ...
Regulatory
Global: EU Cracks Down on Biometric Data Misuse Under GDPR Regulations
In the European Union, the hammer is coming down on the misuse of biometric data, as national privacy regulators enforce stringent actions for ...
Regulatory
Global: South Korea’s Central Bank Maintains Cautious Stance on Interest Rates
On Friday, South Korea’s central bank expressed increased caution regarding the inflation outlook and export strength, influencing its decision to maintain the policy ...
Regulatory
Global: Diverse Regulations Impede Stablecoin Effectiveness, BIS Highlights
A recent analysis by the Bank for International Settlements (BIS) across 11 different jurisdictions has revealed that the global potential of stablecoins is ...
Nigeria
Nigeria: Foreign Exchange Regulations Impacting Cross-Border Commerce, Traders Report
Traders engaged in cross-border activities have voiced concerns that the foreign exchange policies implemented by the Central Bank of Nigeria (CBN), which require ...