Regulatory
Global: EBA Flags Heightened Money Laundering Risks in Fintech and Regtech Sectors
The European Banking Authority (EBA) has raised the alarm over increasing money laundering (ML) and terrorist financing (TF) risks in Europe’s rapidly digitalising ...
Regulatory
Global: U.S. SEC Establishes Artificial Intelligence Task Force, Appoints First Chief AI Officer
In a landmark move to modernise regulatory oversight and operational efficiency, the U.S. Securities and Exchange Commission (SEC) has launched a dedicated Artificial ...
Nigeria
Nigeria: Balancing Regulatory Independence and Stakeholder Engagement – FRC Amendment Debate
The recent suspension of certain provisions within the Financial Reporting Council (FRC) Amendment Act 2023—following pushback from private sector stakeholders—has reignited debate around ...
Nigeria
Nigeria: CBN Maintains Policy Rates Amid Global Uncertainty and Domestic Inflation Challenges
In response to persistent global economic turbulence and complex domestic inflation dynamics, the Central Bank of Nigeria (CBN) has opted to maintain its ...
Nigeria
Nigeria: NIMC Confirms Full Migration of Telecom Operators to Upgraded NIN Verification Platform
The National Identity Management Commission (NIMC) has announced the successful migration of all telecommunications operators in Nigeria to its upgraded National Identification Number ...
Nigeria
Nigeria: NCC Calls for Unified Legal and Governmental Collaboration to Drive Nigeria’s Digital Transformation
The Nigerian Communications Commission (NCC) has called for stronger collaboration between government institutions and the legal community to effectively drive Nigeria’s digital transformation ...
Regulatory
Global: Qatar Central Bank Approves Paywise (Dibsy) for Entry into Express Regulatory Sandbox
The Qatar Central Bank (QCB) has approved Paywise LLC, operating as Dibsy, for participation in its Express Regulatory Sandbox—marking a strategic step forward ...
Regulatory
Global: Tensions Surface Between Bailey and Reeves Over Revolut Banking Licence Progress
A disagreement has reportedly emerged between UK Chancellor Rachel Reeves and Bank of England Governor Andrew Bailey over the stalled progression of Revolut’s ...
Nigeria
Nigeria: FIRS Halts Issuance of Tax Exemption Certificates to Pioneer Firms, NGOs, and Others
The Federal Inland Revenue Service (FIRS) has officially discontinued the issuance of tax exemption certificates across all taxpayer categories, including pioneer status companies, ...
Nigeria
Nigeria: CAC Set to Delist More Non-Compliant Companies
The Corporate Affairs Commission (CAC) has initiated a fresh round of company delistings as part of its ongoing efforts to enforce compliance with ...
