Regulatory
Kenya is preparing to crack down on a flood of high-interest loan apps
A new Kenyan bill seeks to license and regulate digital lending platforms in the country, in a bid to clamp down on the ...
Regulatory
German regulator takes oversight of Greensill Capital as crisis deepens
The crisis engulfing Greensill Capital, a controversial bank that employs former UK Prime Minister David Cameron, mounted this week when it emerged that Germany’s ...
Regulatory
The Australian Finance Industry Association releases self-regulations on BNPL
The Australian Finance Industry Association (AFIA), an industry trade group, has released the first version of self-regulations on the Buy Now Pay Later ...
Regulatory
Biden’s SEC chair nominee signals more regulation for crypto
President Joe Biden’s nominee to lead the US Securities and Exchange Commission has promised to provide ‘guidance and clarity’ to the rapidly evolving ...
Regulatory
Chinese Fintech platforms expected to meet capital requirements within two years
Guo Shuqing, Head of the China Banking and Insurance Regulatory Commission (CBIRC) has said that China’s financial technology companies are expected to meet ...
Regulatory
NSE’s Demutualisation will Strengthen Investor Confidence’
The Executive Chairman, Federal Inland Revenue Service (FIRS), Alhaji Muhammad Nami, has said the demutualisation of the Nigerian Stock Exchange (NSE) will promote ...
Regulatory
CBN To Adopt Accommodative Monetary Policy Stance In 2021
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has pledged to adopt an accommodative monetary policy stance in 2021 in order ...
Regulatory
FCA launches guidance for firms on the fair treatment of vulnerable customers
The United Kingdom Financial Conduct Authority (FCA) has published final guidance clarifying its expectations of firms on the fair treatment of vulnerable customers. ...
Regulatory
CBN Governor confirms adjustment of naira to N410/$1 at official market
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has confirmed that the naira has depreciated at the official market to ...
Regulatory
U.S. SEC suspends trading in 15 securities due to ‘questionable’ social media activity
The U.S. securities regulator had last week suspended trading in the securities of 15 companies because of “questionable trading and social media activity,” ...
