Stoxx Europe 600 index rose 1.5% as of 11:35 GMT, and hit the highest since September…
Category: Finance
How Prudential Supervisors Should Consider Money Laundering and Terrorist Financing (ML/TF) Risks in the Context of Supervisory Review and Evaluation Process (SREP)
European Banking Authority (EBA) published an Opinion setting out how prudential supervisors should consider money laundering…
Rules Aimed at Preventing Monopolistic Behaviour by Internet Platforms in China
China’s State Administration for Market Regulation (SAMR) said it wanted to prevent platforms from dominating the…
Neobanks’ Performances Faltered Compared to Incumbent Peers
Incumbent banks are all benefiting from the rapid growth in digitalization amidst the coronavirus outbreak, whilst…
Democratic Republic of Congo Ban on Direct Insurance Abroad
Insurance Regulatory and Control Authority (ARCA) of the Democratic Republic of the Congo (DRC) has issued…
Capitec to Offer Home Loans
Capitec, has partnered with SA Home Loans to launch its first full home loan offering. The…
Oman to Start Levying a 5% Value Added Tax
Tax will be on most goods and services, though with some exceptions. There will be exemptions…
Neobanking is Steadily Making Inroads into UAE
ADQ will be setting up a digital bank in the United Arab Emirates (UAE) with an…
Chile’s Economy Grows
Chile’s economic activity sank 5.3% in September year-on-year but grew 5.1% from the previous month, the…