Regulatory
Central bank digital currency would be a historic innovation, says BoE’s Bailey
If central banks launch digital versions of their currencies it would be one of the biggest innovations in central bank history, Bank of ...
Regulatory
BIS joins France and Switzerland’s central banks on cross-border CBDC project
The Bank of France and the Swiss National Bank are teaming up with the Bank for International Settlements’ Innovation Hub to test a ...
Regulatory
CBN appoints Titan Trust Bank to collect fees under NESS
The Central Bank of Nigeria has appointed Titan Trust Bank as a designated bank for the collection of fees under the Nigeria Export ...
Regulatory
Kenya: CBK War That Revealed Reclusive Millionaires Connecting Local Banks to the World
On May 17, 2021 the Central Bank of Kenya ordered financial institutions to dump the Kenya Commerce Exchange Service Bureau (Kenex) and get ...
Regulatory
Zimbabwe: RBZ Auction Allots U.S.$35 Million As Retailers Adopt Official Exchange Rate
The Reserve Bank of Zimbabwe (RBZ) Tuesday allotted US$34.8 million amid widespread adoption of the official exchange rate by retail companies receiving foreign ...
Regulatory
FSCA issues public warning against Aviwe Sbahle and Forex Rehab
The Financial Sector Conduct Authority (FSCA) warns the public to act with caution when dealing with Ms Aviwe Sbahle (Aviwe) and Forex Rehab. ...
Regulatory
South Africa: FSCA to Recommend Candidates for Deputy Commissioner Positions
The Financial Sector Conduct Authority (FSCA) shortlisting panel has expressed its intention to recommend the names of Farzana Badat and Katherine Gibson to ...
Regulatory
CBN increases Customs’ exchange rate to N404
The Central Bank of Nigeria (CBN), has increased the exchange rate for cargo clearance from N381 per dollar to N404.97 per dollar. Public ...
Regulatory
Hong Kong Monetary Authority to Study a Retail CBDC
The Hong Kong Monetary Authority (HKMA) is to begin a study on the use cases of a central bank digital currency (CBDC). Hong ...
Regulatory
Nigeria to save $3bn from petroleum imports annually – Emefiele
The Central Bank Governor, Godwin Emefiele, has said that the country will save about $3bn from petroleum products imports annually when Dangote Refinery ...
