Regulatory
Global: Denmark Issues New National Guidance to Boost Payments Resilience for Citizens and Retailers
Denmark has strengthened its national payments preparedness framework with the release of expanded guidance from Danmarks Nationalbank, marking the first time the central ...
Nigeria
Nigeria: CBN Highlights Reform Gains, Calls for Stronger Fiscal–Monetary Coordination
The Central Bank of Nigeria (CBN) says its ongoing reform agenda is helping to stabilise the economy, but stressed that deeper alignment between ...
Nigeria
Nigeria: CBN Labels Zuldal Microfinance Bank as an Illegal Financial Institution
The Central Bank of Nigeria (CBN) has officially declared Zuldal Microfinance Bank an illegal financial institution. According to the CBN, Zuldal Microfinance Bank ...
Nigeria
Nigeria: Loan repayment defaults increase in banks — CBN survey
A Central Bank of Nigeria, CBN, survey report has shown that banks recorded increased default rates on secured loans in the third quarter of the ...
Regulatory
Global: SEC, World Bank Move to Strengthen Philippines’ Corporate Bond Market and Expand SME Financing
The Securities and Exchange Commission (SEC) is advancing a series of reforms aimed at deepening the Philippines’ corporate bond market and improving access ...
Kenya
Kenya Targets Illicit Cryptocurrency Use in AML Crackdown
Kenya targets illicit cryptocurrency use with a fresh push against money laundering and terrorism financing. The country’s government recently made it clear to ...
Regulatory
Global: ECB Board Overhaul Highlights Deep Diversity Gaps With Potential Policy Consequences
Eurozone officials have begun a two-year transition to refresh most of the European Central Bank’s (ECB) six-member Executive Board—including replacing President Christine Lagarde—triggering ...
Kenya
Kenya: Kenswitch Prevails in Landmark Tax Case as Tribunal Confirms Switching Services Are VAT-Exempt
Kenswitch, Kenya’s leading independent payment switch, has secured a major legal victory after the Tax Appeals Tribunal ruled that its transaction switching services ...
Nigeria
Nigeria: Tax reforms boost economic resilience, says FIRS
President Bola Tinubu’s bold tax reform initiatives remain central to Nigeria’s long-term strategy for economic resilience, according to the Executive Chairman of the ...
Nigeria
Nigeria: FATF Grey List Exit Boosts Naira as Reserves Surpass $43bn – CBN
Nigeria’s financial markets have surged on the back of the Financial Action Task Force (FATF)’s decision to remove the country from its grey ...