Breaking news and insights at nigerianewsservice.com
South Africa aims to exit the FATF greylist in October this year, with only two issues remaining to be resolved, as stated by a National Treasury Official. South Africa is …
South Africa Aims for FATF Greylist Exit by October Read More
The Swiss Federal Department of Finance fined the former head of risk and compliance at Credit Suisse CHF100,000 for not reporting money laundering suspicions related to the Mozambique scandal. The …
Former Credit Suisse Manager Fined CHF100K Over Mozambique Affair Read More
Zimbabwe plans to reform its tax and regulatory fee system within six months, aiming to halve certain fees and eliminate others. A cabinet committee will review regulations to reduce bureaucratic …
Zimbabwe’s Tax and Regulatory Fee Reforms: A Six-Month Agenda for Change Read More
Bolivia’s recent announcement to employ cryptocurrency for power imports highlights a significant innovation in international commodity markets. This decision aims to alleviate the country’s dollar scarcity and improve fuel access. …
Bolivia’s Crypto Initiative: A New Dawn for Commodity Markets in Latin America Read More
Argentina’s National Securities Commission has adopted new regulations for virtual asset service providers. These rules include requirements for registration, cybersecurity, asset custody, and money laundering prevention, aiming to enhance user …
Argentina Establishes Regulatory Framework for Cryptocurrencies Read More
Argentina’s CNV has unveiled regulations for VASPs aiming to enhance compliance and user protection. Key features include asset segregation for customer funds, updated AML/TF policies, and required risk disclosures. The …
Argentina Implements New Regulatory Framework for VASPs Read More
Kenya’s Cabinet has approved a proposal for Saccos to integrate into the National Payment System, aimed at reducing reliance on bank loans. Key reforms include a Central Liquidity Facility and …
Kenya’s Saccos to Access National Payment System to Enhance Competitiveness Read More
Saudi Arabia’s real estate sector has been data-poor, prompting Ahmed Bukhamseen and Quant to enhance transparency and access to vital data for buyers and investors. Partnering with Huawei, Quant is …
Transforming Saudi Arabia’s Real Estate Market: Quant and Huawei Collaboration Read More
On March 13, India and Mauritius signed a Memorandum of Understanding (MoU) between the Enforcement Directorate (ED) and Financial Crimes Commission (FCC) to combat financial crimes. This agreement focuses on …
India and Mauritius Sign MoU to Enhance Cooperation Against Financial Crimes Read More
Claro Colombia has successfully migrated critical systems to Oracle Cloud Infrastructure, reducing data latency and deployment time, while also investing in cybersecurity and AI capabilities to enhance its services. Claro …
Claro Colombia Optimizes Operations with Migration to Oracle Cloud Read More