Nigeria: CBN Consults on Draft Guidelines on Instant (Inter-Bank) Electronic Funds Transfer Services
On February 3, 2017 the Central Bank of Nigeria (CBN) launched a consultation on draft …
UK: Commonwealth Working Group Explores Virtual Currencies
The newly-formed Commonwealth Virtual Currencies Working Group met for the first time in London on …
Nigeria: Implementation of Interchange Fees Regime
From May 1, 2017, merchant acquirers, card issuers, card schemes, mobile operators, payment terminal service …
Nigeria Issues Guidelines on Securities Settlement
The Central Bank of Nigeria has published guidelines on securities settlement with the aim of …
Nigeria: CBN Consults on Draft Regulatory Framework for Unstructured Supplementary Service Data
On September 7, 2017, the Central Bank of Nigeria (CBN) published a consultation to establish …
Regulatory News Updates – September 15, 2017
Lawmakers Order Nigerian Lotteries To Rip Up Mobile Contracts
Nigerian lawmakers have ordered all lottery deals between operators and major mobile phone companies to …
Weekly News In Brief: February 17, 2017
A UK payments firm appeals to the Payment Systems Regulator over an indirect access dispute; …
Paytech Focus: Managing The Regulatory Risks Of Cross-Border Transfers
As major international banks continue to reduce their exposure to the global money transfer market, …