Nigeria
Nigeria: CBN Directs Banks and Fintechs to Fully Implement ISO 20022 and Geo-Tagging of Payment Terminals
The Central Bank of Nigeria (CBN) has issued a directive mandating all financial institutions and payment service providers to complete the migration to ...
Nigeria
Nigeria Revenue Service Poised for 2026 Tax Reform Rollout – Oyedele
The Nigeria Revenue Service (NRS) is the most prepared institution for the implementation of the new tax reforms scheduled to take effect in ...
Regulatory
Global: Dutch Central Bank Fines Bunq Over AML Compliance Failures
Dutch neobank Bunq is contesting a penalty imposed by De Nederlandsche Bank (DNB) after regulators identified shortcomings in its anti-money laundering (AML) practices. ...
Nigeria
Nigeria: NDPC Gives Banks, Insurers, and Gaming Firms 21 Days to Comply with Data Protection Law
The Nigeria Data Protection Commission (NDPC) has issued a 21-day ultimatum to banks, insurance firms, pension operators, gaming companies, and brokers suspected of ...
Regulatory
Global: EU Considers Public Blockchain Integration for Digital Euro Rollout
European Union (EU) policymakers are weighing the possibility of issuing the digital euro on public blockchains such as Ethereum or Solana, as momentum ...
Regulatory
South Africa Reserve Bank Opens National Payments System to Fintechs
The South African Reserve Bank (SARB) has taken a landmark step in transforming the country’s financial sector by opening its National Payments System ...
Nigeria
Nigeria’s FCCPC Tightens Rules for Digital Lenders to Safeguard Borrowers
Nigeria’s digital lending sector is set for a major shake-up as the Federal Competition and Consumer Protection Commission (FCCPC) rolls out new regulations ...
Regulatory
Australia Orders Independent Audit of Binance Over AML/CTF Compliance Gaps
Australia’s financial intelligence agency, AUSTRAC, has directed Binance Australia to undergo an independent audit amid concerns over the crypto exchange’s anti-money laundering and ...
Regulatory
Global: FTC Chair cautions US tech giants on compliance with UK and EU online safety laws
The Chair of the US Federal Trade Commission (FTC), Lina Ferguson, has issued a warning to major US technology companies, urging them to ...
Nigeria
Nigeria: PenCom Bars PFAs from Investing in Banks’ AT1 Capital Instruments
The National Pension Commission (PenCom) has issued a directive prohibiting Pension Fund Administrators (PFAs) from investing pension assets in Additional Tier-1 (AT1) capital ...
