Regulatory
Global: Bank of England and FCA Release Draft Guidance for Digital Securities Sandbox
UK regulators have unveiled draft guidance for firms seeking entry into the country’s pioneering Digital Securities Sandbox (DSS), inviting feedback from industry stakeholders. ...
Regulatory
Global: SEC’s Closed-Door Policy Hindering Crypto Innovation, Says Hester Peirce
Hester Peirce, Commissioner of the United States Securities and Exchange Commission (SEC), has once again criticized her agency, citing concerns over its guidance ...
Regulatory
Global: UK and US Forge Historic Pact to Regulate AI Technology
The United Kingdom and the United States have inked what they tout as the first-ever bilateral agreement aimed at regulating the potential risks ...
Regulatory
Global: Singapore Unveils Digital Platform to Combat Money Laundering
The Monetary Authority of Singapore (MAS) has introduced a centralized digital platform named Cosmic, aimed at enabling financial institutions to exchange customer information ...
Ethopia
Ethiopia: Deloitte Granted First Securities Advisor License in Ethiopia
Deloitte, a renowned global consultancy and audit firm, has been awarded the inaugural securities investment advisor license by the Ethiopian Capital Market Authority ...
Nigeria
Nigeria: CBN Increases Minimum Capital Requirement for Commercial Banks to N500 Billion
The Central Bank of Nigeria (CBN) has announced a new minimum capital requirement for banks, raising the bar for commercial banks with international ...
Nigeria
Nigeria: CBN Introduces New Minimum Capital Requirements, Grants Banks 24 Months for Recapitalization
Following recent calls for Nigerian banks to expedite their recapitalization efforts to fortify the financial sector, the Central Bank of Nigeria (CBN) has ...
Nigeria
Nigeria: Concerns Mount Over Nigeria’s Rising Debt, Posing Challenges to CBN Policy
As Nigeria’s public debt continues to surge, financial analysts and public affairs experts are increasingly alarmed by the potential ramifications, fearing that the ...
Regulatory
Global: Portugal Temporarily Bans Worldcoin Over Privacy Issues
Portugal has imposed a temporary ban on Worldcoin, the crypto biometric project spearheaded by OpenAI’s Sam Altman, citing concerns regarding data privacy. This ...
Nigeria
Nigeria: NCC Maintains SIM-NIN Deadline, Telcos to Bar Unlinked Lines by Friday
Telecommunication companies are set to disconnect more Subscriber Identity Module (SIM) numbers not linked to National Identification Numbers (NIN) by Friday, March 29, ...
