The Bank of Botswana has released two circulars to address IFRS 9 requirements during the COVID-19 pandemic.   The first circular is on Guidance on the Regulatory Treatment of IFRS 9 in the Context of COVID-19.  The second circular focuses on an amendment of the Revised Directive on International Convergence

The Central Bank of Nigeria has issued Consumer Protection Framework (Framework) for the financial services industry.    The Framework is aimed at enhancing consumer confidence in the industry and promoting financial stability, growth and innovation.   The CBN requires regulated institutions to develop policies, to be approved by their respective

The Central Bank of Nigeria has published final Regulation for the Operations of Mortgage Guarantee Companies in Nigeria (Guideline).   The Guideline prescribes the basic requirements for the business of providing mortgage guarantees to mortgage lenders.    It sets the capital requirements for the Mortgage Guarantee Companies (MGCs).  In addition,

The Ministry of Finance has published the Financial Intelligence and Anti-Money Laundering (Registration by Reporting Person) Regulations.   Gazetted on November 9, 2019, the full details are available here.   Photo Credit:  Pixabay

Bank Al-Maghrib plans to reform its new risk-free rate – the London Inter-bank Offered Rate. The bank is also considering the launch of a new money market benchmark in Morocco.   The outcome of the process for choosing the new money market benchmark index for Morocco is due to be