Regulatory
No killing the Cheque as Banks commence full enforcement of the revised Cheque Standard
The Central Bank of Nigeria (CBN) had earlier introduced the new cheque standards across all banks in line with it’s commitment to ensure ...
Regulatory
Following Court Order, NAICOM Stops Insurers’ Recapitalisation
Insurance companies yesterday can relax in their efforts to recapitalise their businesses as the National Insurance Commission (NAICOM) announced the suspension of the ...
Regulatory
China seeks to shrink billionaire Jack Ma’s financial empire
China’s Jack Ma’s net worth has dropped $12 billion since October, when China’s regulators began implementing new rules for the fintech industry. The ...
Regulatory
China’s central bank vows to keep monetary policy consistent
China will implement a prudent monetary policy that is flexible, precise, reasonable and moderate, and keep it consistent, stable and sustainable, the country’s ...
Regulatory
Non-Interest Securities: CBN to charge protection fees
The Central Bank of Nigeria (CBN) says it will charge protection fees from investors in its Non-Interest Asset Backed Securities. One of the ...
Regulatory
Brexit offers Britain chance to do financial services differently -Minister
Britain Finance minister, Rishi Sunak has said that Brexit offers Britain a chance to do things differently in financial services, but it will ...
Regulatory
Tokyo Stock Exchange moves to weed out tiny firms from Topix, start new index
The Tokyo Stock Exchange said on Friday it will gradually remove companies with market capitalization of less than 10 billion yen ($96.59 million), ...
Regulatory
China’s central bank wants a say in fintech’s future as it grants new personal credit ratings license to state venture with internet firms
China’s central bank has granted the country’s second license for collecting personal credit ratings to a venture between a state-owned enterprise and two ...
Regulatory
Regulatory Impact To Alibaba’s E-Commerce Sales
It was announced on Christmas Eve that Chinese regulators will look into Alibaba’s (BABA) practice of pressuring online merchants into entering forced exclusivity ...
Regulatory
The Global Challenge of Regulating Virtual Assets
The convergence of traditional finance and cryptocurrencies was more profound than ever this year. From the maturation of crypto-first digital commerce to MicroStrategy’s ...
