financial regulation
Luxembourg Halts Israeli Bond Trading as Home Affairs Fraud Probe Deepens and Burnham Enters Downing Street
Luxembourg has signaled an end to Israeli government bond trading on European markets, confirmed this week by Finance Minister Gilles Roth, who stated...
British Banks Still Waiting for Access to Anthropic AI Model as US Politics Stalls Cybersecurity Push
British financial institutions remain locked out of a potentially groundbreaking artificial intelligence tool designed to test their defenses against cyber threats, more than...
Tax Expert Urges Nigerian Practitioners to Uphold Ethics in Expanding Tax Reforms Drive
A leading tax expert, Olayinka Oyebola, has called on tax practitioners across Nigeria to prioritise ethical standards over short term financial gains in...
CBN Removes Cash Pool Rule for Oil Companies to Boost Forex Market
The Central Bank of Nigeria has officially removed the cash pool requirement previously imposed on export proceeds of International Oil Companies, marking a...
Lagos Court Orders Utmost Wealth Solutions to Refund $16,889 to Investor Over Unfair Policy Clause
The High Court of Lagos State has directed Utmost Wealth Solutions to refund $16,889.75 to Mrs. Clara Chinenye Nwachukwu after ruling that a...
India Proposes Special Purpose Insurance Framework to Government Authorities
The government of India has proposed the creation of a special purpose insurance framework aimed at strengthening risk management for public sector projects...
China Reports Expansion of Inclusive Lending to Small and Micro Enterprises
China’s financial authorities reported continued growth in inclusive loans extended to small and micro enterprises, highlighting efforts to support grassroots economic activity. Official...
EFCC Exposes Banks, Fintechs for Facilitating N180.7 Billion in Fraudulent Transactions
The Economic and Financial Crimes Commission (EFCC) has revealed systemic lapses in Nigeria’s financial sector, disclosing that commercial banks, fintech companies, and microfinance...
SEC Raises Capital Requirements in Major Overhaul of Nigeria’s Capital Market
Nigeria’s Securities and Exchange Commission (SEC) has announced a sweeping revision of minimum capital requirements for capital market operators, marking the most significant...
