Never miss a beat on Africa's legal and regulatory landscape.
Aiming to promote financial inclusion and diversification of credits available, the National Bank of Angola (BNA), as the Banking Supervisory Authority, has recently approved a new regulatory package applicable to Microfinance Institutions and Cooperative Credit Companies..
On 15 June 2023, the Department of Employment and Labour published the Draft Rehabilitation, Reintegration and Return-to-Work Regulations in terms of the Compensation for Occupational Injuries and Diseases Act, 1993 ("Draft Regulations") for public comment. The Draft Regu..
On 21 April 2023, the Minister of Health published the draft regulations relating to the Labelling and Advertising of Foodstuffs (GN R 3337 GG 48460) in terms of the Foodstuffs, Cosmetics and Disinfectants Act, 1972 (the draft regulations). Comments on the regulatio..
On 20 June 2023, the Central Bank of Nigeria (CBN) issued the CBN (Customer Due Diligence) Regulation 2023 (the CDD Regulations). This regulatory initiative is aimed at assisting financial institutions to comply with customer due diligence measures, required by exis..
Tanzania recently promulgated the Personal Data Collection and Processing Regulations, G.N No. 349 of 2023 (Data Collection Regulations) and the Complaint Handling and Breach of Personal Data Regulations, G.N No. 350 of 2023 (Complaint Handlin..
Banks and other financial institutions should take note of the new resolution framework that came into effect on 1 June 2023. These legislative changes stem from the global financial crisis and the Group of Twenty’s request that the Financial Stability Board provide a lis..
On 23rd November 2022, The Ministry of Industry, Trade and Investment through its Minister, approved the Persons with Significant Control Regulation (''PSC Regulation''). The key objective of the regulation is to provide an effective framework and procedure for obtaining ..
In Ghana, gold mining has always been a profitable venture for people in areas rich with minerals. Small-Scale Mining (SSM) is a major driver of the economy, directly employing an estimated 1 million Ghanaians and supporting around 4.5 million others. SSM has accounted fo..
South African regulators have now defined crypto as a financial asset. But what does it mean in practice?
