Harare suspends mobile money transactions
Zimbabwe has abruptly suspended all mobile money transactions, the most widely used platform to make and receive payments in the crisis-ridden country, claiming the move would tackle crime and economic sabotage. The government also suspended all trade on the country's stock exchange, which it accused of being complicit in ...
Wirecard suspension lifted
Millions of banking and payment card customers once again got access to their money on Tuesday this week, this after the UK’s Financial Conduct Authority (FCA) lifted its suspension on a Wirecard subsidiary. The question now is whether there will be an almighty rush to withdraw money from the FinTech ...
UK's FCA seeks industry views on a new prudential regime for UK investment firms
The UK's Financial Conduct Authority (FCA) last week published a discussion paper on a prudential regime for UK investment firms. This marks the first step in introducing a set of prudential rules for investment firms to better reflect their business models and the risk of harm they pose to ...
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