Regulatory
Global: Privacy Watchdog Surprised by X’s Opt-In Data Sharing for Grok AI Training
X, formerly known as Twitter, has introduced a subtle change that appears to automatically include user data in the training pool for its ...
Regulatory
Global: Apple Commits to White House’s AI Safety Standards
Apple has officially joined the White House’s voluntary commitment to advancing safe, secure, and trustworthy artificial intelligence (AI). This announcement was made in ...
Nigeria
Nigeria: CAC Issues New Guidelines for Bank Recapitalisation
The Corporate Affairs Commission (CAC) has issued new guidelines to assist Deposit Money Banks in their ongoing recapitalisation efforts. This move is in ...
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 ...
