Regulatory
Global: Sweden’s Central Bank Warns Banks Over Slow Adoption of Instant Payments
The Sveriges Riksbank has warned Swedish banks that it may introduce new regulations if they fail to accelerate the rollout of instant domestic ...
Ghana
Ghana: World Bank Outlines Policy Reforms to Address Youth Employment Crisis
Paschal Donohoe, Managing Director and Chief Knowledge Officer at the World Bank Group, has called on Ghana and other developing economies to implement ...
Nigeria
Nigeria: NGX, SEC Review Free-Float Rules to Enhance Market Liquidity
Nigeria’s capital market regulators, the Nigerian Exchange Group (NGX) and the Securities and Exchange Commission Nigeria (SEC), are reviewing existing free-float requirements for ...
Nigeria
Nigeria: NIA Advocates Stronger Regulatory Standards for Nigeria’s Insurance Industry
The Nigerian Insurers Association (NIA) has reaffirmed its support for stronger regulatory standards in the insurance sector, emphasising that evolving compliance requirements are ...
Nigeria
Nigeria: Banks and Telcos Must Strengthen Collaboration to Tackle AI-Driven Fraud – PwC
Banks and telecommunications operators must increase collaboration and intelligence sharing to effectively combat the growing threat of artificial intelligence-driven fraud, according to a ...
Regulatory
Global: UK MPs Urge Royal Commission to Review Financial Conduct Regulation
A group of lawmakers in the UK Parliament has called for the establishment of a Royal Commission to review the country’s financial conduct ...
Regulatory
Global: US Senate Approves Bill to Block Federal Reserve CBDC Issuance Until 2030
The United States Senate has passed legislation that would prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) until at ...
Nigeria
Nigeria: Distrust in Government Driving Tax Resistance in Nigeria – Joseph Tegbe
Joseph Tegbe, Chairman of the National Tax Policy Implementation Committee (NTPIC), has said Nigeria’s long-standing tax compliance challenges are largely driven by weak ...
Nigeria
Nigeria: CBN Mandates Liveness Checks, Transaction Controls for Mobile and Online Banking
The Central Bank of Nigeria (CBN) has introduced new security measures requiring banks and payment service providers to strengthen fraud controls across mobile ...
Nigeria
Nigeria: CBN Mandates Automated Systems for Detecting and Reporting Suspicious Transactions
The Central Bank of Nigeria (CBN) has introduced new regulatory guidelines requiring banks and other financial institutions to deploy automated systems capable of ...
