Rwanda: Draft AML Law Before Parliament
The National Bank of Rwanda, the Ministry of Finance and officials from the Ministry of …
Somalia: MasterCard First International Payments Network in the Country
MasterCard has announced its partnership with Premier Bank, becoming the first international payments network to …
South Africa: Financial Intelligence Centre Amendment Bill Signed into Law
South African President Jacob Zuma has signed the Financial Intelligence Centre Amendment (FICA) bill into …
Nigeria: Crypto-Currencies Should be Treated with Extreme Caution
The Securities and Exchange Commission of Nigeria has published a public notice on investments in …
South Africa: Reserve Bank Reports Successful Results of DLT-Based Payment System for Interbank Settlement Experiment
On June 5, 2018, the South African Reserve Bank (SARB) published a report about Project …
Kenya: Central Bank Publishes Declaration of Moratorium on Licensing of Banks
The Central Bank of Kenya has announced that it will not license any new commercial …
Nigeria: CBN Consults on Payment Guidelines
The Central Bank of Nigeria (CBN) has issued consultations on the guidelines for the direct …
A Quantum Leap Over High Hurdles to Financial Inclusion: The Mobile Banking Revolution in Kenya
The SWIFT Institute, in partnership with the Harvard Kennedy School, has released a report on …
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 …