Regulatory
Global: Seven Banks Collaborate with UK Law Enforcement in Major ‘Dirty Money’ Crackdown
Barclays, NatWest, and Lloyds are among seven banks collaborating with the National Crime Agency (NCA) in a groundbreaking initiative to combat criminal gangs, ...
Regulatory
Global: Hong Kong Legislator Explores Bitcoin for Fiscal Reserves
Hong Kong Legislative Council Member Johnny Ng has announced plans to explore the feasibility of integrating Bitcoin into the special administrative region’s financial ...
Regulatory
Global: Bangko Sentral ng Pilipinas (BSP) to Introduce New Payment Streams
The Bangko Sentral ng Pilipinas (BSP) is set to enhance digital payment options with the launch of new Request to Pay (RTP) and ...
Nigeria
Nigeria: CITN and ANAN Endorse Government’s Windfall Tax, Highlight Benefits for National Revenue
The Chartered Institute of Taxation of Nigeria (CITN) and the Association of National Accountants of Nigeria (ANAN) have endorsed the federal government’s decision ...
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 ...
