Regulatory
EU, US financial regulators talk cooperation on stablecoins and digital assets at virtual summit
An array of regulators from the United States and the European Union met to discuss financial innovations, including green finance and the ever-pressing ...
Regulatory
FCA to define new rules about data ethics in evolution of Open Banking
The UK’s Financial Conduct Authority is to use its legislative powers to steer the evolution of Open banking to a broader model of ...
Regulatory
FCA cracks down on Wirex after it “turned a blind eye” for more than two years
The Financial Conduct Authority (FCA) has finally decided to reign in cryptocurrency exchange, Wirex, whose employees first approached the UK regulator independently over ...
Regulatory
CBN releases N33.4b to DisCos for mass metering
The Nigerian Electricity Regulatory Commission (NERC) has disclosed that the CBN has so far released N33.2 billion to electricity Distribution Companies (DisCos) in ...
Regulatory
German merchants can charge fees for payment service providers
The German Federal Court of Justice (BGH) has announced allowing German merchants to charge an extra fee for online payments with payment providers ...
Regulatory
Money laundering regime extends to Bitcoin from April 2021 in Ireland
Cryptocurrency service providers in Ireland will have to comply with money laundering rules and other basic regulations for the first time starting with ...
Regulatory
Jamaica’s Central Bank to Pilot CBDC Beginning in May
The Bank of Jamaica (BoJ) is planning to pilot its central bank digital currency (CBDC) in May and is working with Ireland-based technology ...
Regulatory
Chinese tech stocks slump as U.S. SEC begins rollout of law aimed at delisting
Shares in dual-listed Chinese companies fell sharply on Thursday in Asia after the U.S. securities regulator adopted measures that would kick foreign companies ...
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 ...
