Regulatory
Nigeria- Forex – CBN Threatens Banks, to Create Complaint Desk
The Central Bank of Nigeria (CBN) has assured members of the public that there was enough foreign exchange for them to meet their ...
Regulatory
CBN MPC meeting: Banking regulator retains lending rate
The Central Bank of Nigeria (CBN) on March 23, 2021 retained the lending policy rate at 11.5 percent, saying the decision was made ...
Regulatory
CBN releases list of approved IMTOs to receive foreign remittance
The Central Bank of Nigeria (CBN) has released the list of 47 International Money Transfer Operators (IMYOs) approved to receive foreign exchange remittances ...
Regulatory
Central Bank of Nigeria Clarifies Position on Ban of Crypto
The central bank of Nigeria (CBN) has clarified a statement it issued last month that seemed to order financial institutions to shut down all accounts ...
Africa
CBN plans to issue N570.4m treasury bills in Q2
The Central Bank of Nigeria (CBN) has disclosed its plan to issue treasury bills worth N570.4m in the second quarter. The CBN disclosed ...
News
Germany’s financial regulator issues retail crypto investment warning
Germany’s Federal Financial Supervisory Authority, or BaFin, has warned investors about the risks involved in cryptocurrency investments. In a consumer protection alert issued ...
Regulatory
NatWest’s FCA laundering charge the “first of a few” to come in 2021
NatWest’s involvement in an evolving money laundering investigation has captured the attention of the industry. Unlike the usual enforcement action taken by the ...
Regulatory
Australia consults industry on more “sustainable” challenger bank license
The Australian Prudential Regulation Authority (APRA) has launched a consultation into the restricted banking licences it issues to challenger banks. Called an “authorised ...
Regulatory
NACHA announces new electronic payments rule in the US
The National Automated Clearing House Association’s (NACHA) has issued a new WEB Debits Rule, with a one-year no-action period for companies working toward ...
Regulatory
Bank of Thailand plans to regulate asset-backed stablecoins this year
The Bank of Thailand, or BoT, is upping its game on the stablecoin front. This week, the institution warned citizens that Thai Baht ...
