Regulatory
Global: UK Government Launches Consultation on New Rules for Buy Now, Pay Later Products
The UK Government has initiated a consultation on proposed regulations for Buy Now, Pay Later (BNPL) services, aiming to bring these companies under ...
Nigeria
Nigeria: CBN Governor Cardoso Tackles FX Backlog and Emphasizes Inflation Control
The Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso, has affirmed that the central bank is making significant progress in ...
Regulatory
Global: UAE Central Bank Approves First Regulated Stablecoin, AE Coin
The United Arab Emirates (UAE) has taken a decisive step toward integrating digital currencies into its financial system. The UAE Central Bank has ...
Regulatory
Global: Ireland Moves to Draft Urgent Crypto Regulations Ahead of EU AML Standards
Ireland is moving swiftly to draft new cryptocurrency regulations before the European Union enforces stricter Anti-Money Laundering (AML) and terror financing measures. Finance ...
Regulatory
Global: FCA to Launch AI Lab to Advance Safe AI Adoption in Financial Services
The Financial Conduct Authority (FCA) has announced the launch of an AI Lab, an initiative aimed at enhancing the understanding and implementation of ...
Kenya
Kenya Communications Authority Mandates Approval for ICT Equipment Dealers
The Communications Authority of Kenya (CA) has directed ICT equipment dealers to obtain type approval for their products, warning that failure to comply ...
Ethopia
Ethiopia’s Central Bank Implements New Policy on Foreign Exchange Spreads and Fees
Ethiopia’s central bank has introduced a new policy requiring banks to clearly separate and display the foreign exchange (FX) trading spread—the difference between ...
Nigeria
Nigeria: FCT-IRS Partners with NFIU to Strengthen Tax Compliance and Revenue Generation
The Federal Capital Territory Internal Revenue Service (FCT-IRS) has initiated a strategic partnership with the Nigerian Financial Intelligence Unit (NFIU) to boost tax ...
Regulatory
Global: Market Braces for a Weaker Pound as Bank of England Moves Forward with Rate Cuts
With UK inflation easing to 1.7% in September, the Bank of England (BoE) is anticipated to adopt a more measured approach to interest ...
Nigeria
Nigeria: CBN Urges Banks to Prioritize Cybersecurity Investments
The Central Bank of Nigeria (CBN) has called on banks to significantly enhance their cybersecurity investments to protect depositors’ savings from increasingly sophisticated ...
