Regulatory
Global: New EU Antitrust Chief Teresa Ribera Faces Challenges from Big Tech and Calls for Looser Regulations
Teresa Ribera, Spain’s current minister for ecological transition, has been nominated by European Commission President Ursula von der Leyen to take on the ...
Regulatory
Global: Hong Kong Prepares AI Guidelines for Finance Sector
The Hong Kong government is set to introduce regulatory policies on the use of artificial intelligence (AI) in the finance sector, with the ...
Regulatory
Global: Sweden’s Central Bank Urges Legislative Action to Safeguard Cash Access
Sweden’s central bank, the Riksbank, has called for regulatory measures to ensure that businesses and operators legally required to accept cash have access ...
Nigeria
Nigeria: FRC CEO Urges Stronger Efforts to Achieve Sustainable Development Goals
Dr. Rabiu Olowo, Executive Secretary and Chief Executive Officer of the Financial Reporting Council of Nigeria (FRC), has called for intensified efforts to ...
Nigeria
Nigeria: Banks Collaborate with NDPC to Strengthen Data Security
The Nigeria Data Protection Commission (NDPC) has joined forces with Nigerian banks to raise awareness about the requirements of the Data Protection Act, ...
Regulatory
Global: Meta to Resume AI Training in the UK Following Regulatory Pause
Meta, the parent company of Facebook and Instagram, has announced it will resume using publicly available information from adult users in the UK ...
Nigeria
Nigeria: FG Reaffirms Commitment to Resolving Private Sector Payment Delays – Bagudu
The Federal Government of Nigeria has reaffirmed its commitment to addressing payment delays affecting the private sector, with a focus on improving policy ...
Global
Global: Bank of Canada Governor Hints at Accelerating Rate Cuts
Bank of Canada (BoC) Governor Tiff Macklem has indicated the possibility of faster interest rate cuts in the near future, according to an ...
Regulatory
Chinese Government Proposes New Anti-Money Laundering Law to Tackle Emerging Fintech Risks
In the first half of 2024, the Chinese government reported that 1,391 individuals were prosecuted on charges related to money laundering. In response ...
Regulatory
Global: Ireland to Investigate Google’s AI Model for GDPR Compliance
Ireland’s Data Protection Commission (DPC) has launched a cross-border investigation into Google Ireland Limited to assess whether the company adhered to EU data ...
