Regulatory
Uganda: Bou Issues Tough Rules for Bankers
Bank of Uganda (BoU) plans to increase the paid-up capital requirements of financial institutions in the country in a move that could make ...
Global
Cashlink applies for BaFin license for crypto securities register
The Germany-based security tokenization software solution Cashlink has submitted a notification of intent to the German financial market supervisory authority BaFin to set up a ...
Regulatory
Zimbabwe: RBZ Establishes Collateral Registry
THE Reserve Bank of Zimbabwe (RBZ) is working with BSystems Limited of Ghana to operationalise the collateral registry system by year end, after ...
Global
Japan’s financial regulator weighs stricter rules on crypto-assets
The Financial Services Agency has started discussing the introduction of stricter regulations on cryptocurrency assets in order to better protect users. The government ...
Regulatory
Rwanda: Central Bank Scraps ‘Push and Pull’ Charges
No charges and fees will henceforth be incurred when transferring funds from one’s bank account to their mobile money wallet and vice versa ...
Nigeria
Nigeria: 25 banks’ profits drop by N482b as CBN restricts N9.5tr deposits
Twenty commercial banks and five merchant banks’ profits dropped by N482 billion in 12 months over N9.5 trillion cash restriction policy implemented by ...
Regulatory
SA: Financial authority suspends licence of ZAR X exchange
ZAR X faces possible cancellation of its licence in three months due to non-compliance with liquidity and capital adequacy requirements The Financial Sector ...
Regulatory
Rwanda: Regulator warns MTN over poor network connection
Rwanda Utilities Regulatory Authority (RURA) has ordered local telecommunications company MTN Rwandacell Plc to solve all problems related to its call services. In ...
Nigeria
Nigeria: CBN pegs microfinance banks loan per transaction at N1m
The Central Bank of Nigeria (CBN) has pegged maximum loan limit for Microfinance Banks (MfBs) at N1 million per transaction. The apex bank ...
Global
Thailand, Indonesia debut cross-border QR payment linkage
The central banks of Thailand and Indonesia have launched a cross-border QR payment linkage between the two countries. The linkage, the first that connects the retail payment ...
