Global
Global: BIS Committee and IOSCO issue guidance for regulation of stablecoin arrangements
The international organizations affirm the “same risk, same regulation” principle by extending decade-old rules to the rapidly expanding new financial technology. The principle ...
Nigeria
Nigeria: Banks Must Seek Approval for e-Payment Product Development, says CBN
The Central Bank of Nigeria (CBN) has issued a notice of warning to deposit banks to ensure full compliance with the e-payment product guidelines. ...
Global
Global: G20 Watchdog Announces ‘Robust’ Global Crypto Regulation Coming in October
FSB to Present Robust Crypto Regulatory Framework to G20 in October The Financial Stability Board (FSB), an international body that monitors and makes ...
Ghana
Ghana: BoG-UniCredit ruling watershed moment for financial sector confidence
Irrespective of the ultimate conclusion of the legal tussle between defunct Savings and Loans Company uniCredit and the industry regulator, the Bank of ...
Global
Global: Tencent, Alibaba and Didi fined by China antitrust watchdog for unreported merger deals as early as 2011
China’s antitrust watchdog on Sunday announced it had punished Tencent Holdings, Alibaba Group Holding and Didi Global, among others, for failing to report ...
Gambia
Gambia: GAMTEL Owes PURA Over D57 Million Regulatory Fees
Mr. Paul F Mendy, the Finance Director of the Public Utilities Regulatory Authority (PURA), has disclosed to the Finance and Public Accounts Committee ...
Global
Global: China regulator fines Alibaba, Tencent for disclosure violations
China has imposed fines on technology giants Alibaba (9988.HK) and Tencent (0700.HK) as well as a range of other firms for failing to comply with anti-monopoly ...
Ghana
Ghana: BoG to appeal ruling overturning UniCredit’s license revocation
The Bank of Ghana is set to appeal a decision by a Court of Appeal in Accra which ruled in favour of UniCredit ...
Global
Global: CFPB strengthens data privacy and cybersecurity with new rules
The Consumer Financial Protection Bureau (CFPB) has rolled out new regulations on cyber security and data privacy under the Fair Credit Reporting Act. ...
Global
Global: Fiinu receives UK banking licence, undergoes reverse takeover to join AIM
Fintech group Fiinu has announced its receipt of a UK banking licence from the Prudential Regulatory Authority (PRA) and the Financial Conduct Authority ...
