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CBN Halts Bank Charges on Cash Deposits 

In a significant move aimed at easing the financial burden on its citizens, the Central Bank of Nigeria (CBN) has announced a directive for banks to halt the...

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CBN Mandates Financial Institutions to Implement 0.5% National Cybersecurity Levy.

The Central Bank of Nigeria (CBN) has emphasized the need for strict compliance with the Cybercrimes (Prohibition, Prevention, Etc.) Act 2015, specifically...

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Bank of Uganda Introduces Mandatory ID Verification for High-Value Digital Transactions

The compliance landscape is constantly evolving, adapting to new challenges and threats that emerge within specific sectors. This means that regulatory...

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CAK Sets Sights on Unlicensed Courier Services

The Communications Authority of Kenya (CAK) is tightening the noose on Public Service Vehicles (PSVs) and e-commerce entities operating courier services...

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Kenya Ramps Up Crypto Regulation Efforts with Inter-Agency Task Force.

In a bold move to tighten oversight in the cryptocurrency arena, the Kenyan government has assembled an elite inter-agency task force. This powerhouse team,...

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New Charges for Ghana Card Services Starting May 2024

Effective May 1, 2024, the National Identification Authority (NIA) of Ghana has announced revised fees for select services following the enactment of new...

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South Africa Advances in Crypto Regulation

In a significant move towards regulating the burgeoning crypto market, South Africa’s Financial Sector Conduct Authority (FSCA) has officially recognized...

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Kenya Proposes New Bank Capital Bars for Growth & Risk Protection.

Kenya Plans to Set New Capital Bars for Banks to Safeguard Against Risks and Drive Growth. In a bold move to enhance its banking sector’s resilience and...

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Nigeria Intensifies Fight Against Terrorism Financing.

Amidst the complex tapestry of Nigeria’s socio-economic landscape, recent developments have underscored the nation’s unwavering commitment to...

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NDPC Unveils New Code of Conduct. 

Welcome to the latest compliance news update! In this edition, we bring you the latest developments and updates from the Nigeria Data Protection...

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