Regulatory
Global: Regulatory Agencies to Strengthen Oversight of Bank-FinTech Partnerships
Three federal bank regulatory agencies announced on Thursday (July 25) that they are considering additional measures to ensure banks effectively manage risks associated ...
Regulatory
Global: Reserve Bank of India Penalizes Visa for Unauthorized Payment Authentication Solution
The Reserve Bank of India (RBI) announced on Friday (July 26) that it has fined Visa Worldwide Pte. Limited for implementing a payment ...
Regulatory
Global: UK’s FCA Unveils New Rules to Enhance Capital Markets
The United Kingdom’s Financial Conduct Authority (FCA) has proposed new regulations aimed at strengthening capital markets, enhancing capital-raising processes, and refining the regulation ...
Regulatory
Global: Major UK Banks Violate CMA Regulations
HSBC, Lloyds, TSB, and AIB have been reprimanded by the UK’s Competition and Markets Authority (CMA) for failing to comply with regulations requiring ...
Nigeria
Nigeria: Green Economy to Propel Nigeria’s Diversification and Job Creation – SEC DG
Dr. Emomotimi Agama, Director-General of the Securities and Exchange Commission (SEC), asserts that adopting a green economy will yield substantial benefits for Nigeria, ...
Kenya
Kenyan High Court Halts National Digital ID for Third Time in Four Years
Kenya’s high court has once again paused the rollout of the country’s digital identity program, pending the outcome of a constitutional challenge. This ...
Nigeria
Nigeria: Federal Government to Collect Over N425bn from Banks through One-Time Windfall Tax
The Nigerian government is set to collect over N425 billion from seven banks through a one-time windfall tax on their foreign currency revaluation ...
Regulatory
Global: FCA Finalizes Access to Cash Rules
The Financial Conduct Authority (FCA) has introduced new rules requiring banks and building societies to address gaps in local cash access, such as ...
Regulatory
Global: FTC Investigates ‘Surveillance Pricing’ Practices Using Customer Data
The Federal Trade Commission (FTC) has launched an investigation into how companies, including Mastercard and JPMorgan Chase, utilize artificial intelligence (AI) and personal ...
Ghana
Ghana’s Communications Authority Addresses Data Pricing and MTN’s Market Position
The National Communications Authority (NCA) of Ghana has provided clarification on data pricing concerns and the significant market power (SMP) classification of MTN. ...
