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Ugandan MPs Ask Government for Greater Mobile Money Regulation
Members of Parliament grilled Information, Communication Technology (ICT) state minister, Nyombi Thembo over lack of a law to regulate mobile money services and safeguard clients’ money.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- regulations
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China Is Fertile Ground for Growing Internet Finance
The recent establishment of private Internet banks has ushered the banking industry into an era where banks need no brick-and-mortar offices. Technologies like big data make this possible, yet there is disagreement over how much potential Internet finance has.
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- Technology
- Region
- South Asia
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- regulations
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WHO Demands Disclosure of All Clinical Trial Results
The World Health Organization called on Tuesday for the release of clinical trial results for all drugs, vaccines and medical devices - whatever the result - in the latest salvo against the withholding of data.
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- Health Care
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- regulations, vaccines
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In Myanmar, Microfinance Stagnates Due to Tough Rules
The domestic microfinance industry is being held back by a number of constraints on funding, preventing more small-scale loans from being disbursed, according to industry insiders.
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- Uncategorized
- Region
- South Asia
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- lending, microfinance, regulations
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Indian Microfinance Institutions Want RBI, Not Mudra Bank, as Regulator
Microfinance institutions (MFIs) are worried about the government's decision to set up the Micro Units Development and Refinance Agency, or Mudra Bank, to regulate them as there could be a conflict of interest. They want the Reserve Bank of India ( RBI) to continue as their regulator.
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- Uncategorized
- Region
- South Asia
- Tags
- microfinance, regulations
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U.S. Consumer Watchdog Unveils Plans to Regulate Payday Loans
The U.S. consumer financial watchdog on Thursday outlined its plans for cracking down on the payday lending industry and ensuring that borrowers can repay their loans.
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- Uncategorized
- Tags
- lending, microfinance, regulations
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Regulation Tripping Up Ghana’s Mobile Money Sector
The mobile financial services sector in Ghana has not yet fully lived up to its potential and is being held back from full development by regulatory hurdles, a new report says.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- regulations
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In Boon for Bitcoin, UK to Regulate Digital Currency Exchanges
Britain took a significant step towards becoming a global bitcoin hub on Wednesday as the government announced it would regulate digital currencies for the first time by applying anti-money laundering rules to exchanges.
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- Uncategorized
- Region
- Europe & Eurasia
- Tags
- regulations