Global
US-based regulators consult on third-party relationships guidance
The US-based federal bank regulatory agencies have requested public comment on proposed guidance designed to help banking organisations manage risks associated with third-party relationships. This ...
Kenya
Kenya: CMA Pushes Kenyan Firms to Acquire Bank-Backed Guarantees in Bond Issue
Kenya’s Capital Markets Authority (CMA) is working on new measures to revive the troubled corporate bond market that will see companies with weaker ...
Regulatory
South Africa: Sabric Cautions Against Accepting Dye-Stained Notes
The South African Banking Risk Information Centre (SABRIC) has cautioned people against accepting dye-stained notes as legal tender, as the onward use and ...
Global
IMF, World Bank, BIS Recommend Countries Work Together on CBDCs to Enhance Cross-Border Payments
The International Monetary Fund (IMF), the World Bank, and the Bank of International Settlement (BIS) have conducted an extensive study of using central ...
Global
U.S. regulators meet to discuss stablecoins – U.S. Treasury Secretary
As authorities begin to take more notice of the rapidly expanding class of digital currencies, U.S. Treasury Secretary Janet Yellen has stated that ...
Nigeria
Nigeria:NCC clarifies on status of Airtel’s operating licence renewal
The Nigerian Communications Commission (NCC) has clarified issues regarding the status of Airtel Nigeria’s operating licence renewal. The Commission in a statement signed ...
Global
Japan to Implement Stricter Rules on Stablecoins: Report
The Japanese government intends to put stablecoins under strict regulation as some authorities consider them a threat to the country’s financial stability. At ...
Global
Eurosystem launches digital euro project
The Governing Council of the European Central Bank (ECB) has launched the investigation phase of a digital euro project. Following the decision, the ...
Global
Record £180m worth of crypto seized by Met Police in money laundering probe
A seizure of £180 million worth of cryptocurrency by London’s Met Police is the largest of its kind in the UK, following on ...
Kenya
High court tells Safaricom to compensate visually impaired man
Kenya’s leading telecommunications company, Safaricom, was fined by a high court to compensate a blind man with KSH 6 million (approximately $56,000) over ...
