03/17/2014
Arnold Ekpe, former CEO of West African banking group Ecobank, once said African-owned companies had an advantage in African markets, particularly the difficult and high-risk ones, because they came from risky markets and understood the challenges and kne
03/05/2014
This is in line with the Mauritius central bank's role as a founding member of the Malaysia-based International Islamic Liquidity Management Corp, a body backed by central banks from the Middle East, Asia and Africa.
03/02/2014
The meeting, which was ordered by the Nigerian Securities and Exchange Commission, is on the heels of the recent crisis on the bank’s board.
02/28/2014
Sudan: Saudi Arabian Banks Suspend Sudan Transactions
Saudi Arabia and some European banks will halt their transactions with Sudanese banks from 28 February onwards
02/17/2014
Ghana's central bank has separated certain categories of Outward Payments in its new directives concerning the Foreign Exchange operations in the country.
02/11/2014
The protracted process of drawing up regulations for the entire hedge fund industry, which commenced in 2012 on the recommendation of the Group of 20 following the 2008 financial global financial crisis, is drawing to a close, with the Treasury looking to
02/10/2014
Financial industry executives are almost as concerned about the growing demands of regulatory compliance as they are with market volatility
02/06/2014
With offshore regulatory activity at a high in West Africa, now is a good time for a brief overview of the legal and regulatory developments coming up in the region's key oil and gas jurisdictions.
02/03/2014
The Nigerian Securities and Exchange Commission’s investigation this month into Ecobank Transnational Inc. highlights the regulatory risks facing pan-African companies, Fitch Ratings said.
02/03/2014
THE Securities and Exchange Commission of Zimbabwe (SECZ) will this week begin an inspection exercise of asset management companies with a view towards ensuring compliance in presenting audited results.
01/21/2014
The central bank between 2009 and 2010 directed Non Banking Financial Institutions to increase their minimum capital to GHC 7 million by 2012.
01/06/2014
Investors left guessing as regulations squeeze banks’ profits
The 14 commercial banks which have released earnings for the nine month period to September 2013 grew pretax profits by 6.5 percent to N458.9 billion, the slowest pace of growth in about two years.
01/03/2014
FBN of Nigeria Says Annual Profit Curbed by New Regulations (1)
FBN Holdings Plc , owner of First Bank Nigeria, said its profit for 2013 will probably be the same as the previous year as tougher regulatory requirements increased its costs.
12/25/2013
Compliance teams face an increasing array of rules due to failings exposed by the financial crisis.
12/16/2013
Commercial banks are headed for a collision with the Jubilee administration over a high interest rates regime
12/12/2013
Access Bank has won the inaugural edition of the Nigerian Risk Management Awards.
12/09/2013
Overall, 49% thought that no regulator had succeeded in this respect, with a majority of respondents in the US and the UK holding this view.
12/02/2013
The Bank of Ghana is seeking more powers under Foreign Exchange Act 2006
11/17/2013
The last 12 months has been another year of change for the financial services industry. We have begun the move from inter- and intranational debate about the shape and purpose of regulation, to a period of understanding the implications for business follo
11/15/2013
The Chartered Institute of Bankers, through the Education Ministry, is finalizing a bill that will accord it a strong legal backing to run professional qualifications for banking practice in Ghana.