Regulatory
There are good reasons for limiting how much money can leave South Africa: SARB
South African Reserve Bank deputy governor and chief executive of the Prudential Authority Kuben Naidoo has explained the central bank’s motives in limiting ...
Regulatory
Singapore to have 4 digital banks, with Grab-Singtel and Sea getting digital full bank licences
The Monetary Authority of Singapore (MAS) said on Friday (Dec 4) it will award digital full bank licences to the Grab-Singtel consortium and ...
Regulatory
FIRS to commence recovery of all outstanding tax debts and penalties from January 1, 2021
The Federal Inland Revenue Service (FIRS) has disclosed that its waivers on penalties and interest on outstanding taxes arising from desk examinations, audit ...
Regulatory
NAICOM moves to unlock the huge potentials of Microinsurance
NAICOM has issued a circular allowing conventional insurance companies in Nigeria to exploit the huge opportunities in the Microinsurance window. The National ...
Regulatory
India To Cap FinTech Payments Volumes At 30 percent
India, in a bid to curb antitrust concerns, is trying a new strategy, putting a 30 percent cap on what a single player ...
Regulatory
Federal Government issues Merger Review Regulations 2020
The Federal Competition and Consumer Protection Commission (FCCPC) under the aegis of the Federal Government of Nigeria, has issued the Merger Review Regulations ...
Regulatory
With China’s move on Ant, FinTech firms may look like banks soon
FinTech has thrived in other jurisdictions compared to China because of the presence of regulation, says Chris Skinner. There’s an interesting global debate ...
Regulatory
NAICOM issues operational licences to 6 insurance firms and 1 reinsurer
The National Insurance Commission (NAICOM) has issued operational licenses to six new insurance firms and one reinsurer. This was disclosed by the NAICOM ...
Regulatory
SA online shoppers warned against making instant EFT payments
The South African Reserve Bank (Sarb) and the Financial Sector Conduct Authority (FSCA), in consultation with the Payments Association of South Africa, have ...
Regulatory
The Draft Declaration of Crypto Assets as Financial Products in South Africa and How It Compares with SEC Nigeria’s Classification and Treatment of Digital Assets
Adoption of Crypto-Assets in Africa and Regulation Crypto asset, digital asset, virtual asset, or other nomenclature you choose, this is the product of ...
