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Aluko & Oyebode

Nigerian Communications Commission Publishes Draft Telecommunications Networks Interconnection Regulations

The Nigerian Communications Commission in exercise of its functions under the Nigerian Communications Act has published three draft regulations and guidelines for stakeholders’ comments. The draft documents seek to amend and repeal the existing regulations and guidelines...

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G. Elias & Co.

Review of the Oil and Gas Companies (Tax Incentives, Exemption, Remission, etc.) Order, 2024

On February 28, 2024, President Bola Ahmed Tinubu issued the Oil and Gas Companies (Tax Incentives, Exemption, Remission, etc.) Order, 2024. The Order provides for certain fiscal incentives aimed at supporting companies within the Nigerian oil and gas industry. The incent..

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Clyde & Co.

Banking and Financial Institutions (Compulsory Liquidation) Regulations, 2024

In a bid to enhance the regulatory framework governing banks and financial institutions, the Bank of Tanzania has recently enacted the Banking and Financial Institutions (Compulsory Liquidation) Regulations, 2024. The Regulations, published under Section 71 of the Banking..

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ENS

Addressing increased cybersecurity threats to financial institutions: The FSCA and Prudential Authority’s response

In recent years, South Africa has experienced an increase in cybercrimes, cyberattacks, and security breaches, with banks and financial institutions being prime targets. Reports have found that stolen or compromised credentials and phishing scams are the primary attack ve..

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G. Elias & Co.

Innovations in the Nigerian Electricity Regulatory Commission Mini-Grid Regulations, 2023

On December 29, 2023, the Nigerian Electricity Regulatory Commission released the Mini-Grid Regulations, 2023, pursuant to the Electricity Act, 2023. The New Regulation repealed the Mini-Grid Regulations, 2016. The New Regulation introduced certain changes to the operatio..

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Pavestones

Regulatory update: Guidance Notice on Registering Data Controllers and Processors of Major Importance

On the 14th of February, in accordance with its mandate to ensure the genuine processing of personal data by legitimate persons or organizations, the Nigeria Data Protection Commission issued a guidance notice on Registering Data Controllers and Processors of Major Import..

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ENS

Access to beneficial ownership information in Kenya: private companies

Kenya’s Statute Law (Miscellaneous Amendments) Act, 2019, made amendments to the Companies Act, 2015, by introducing Section 93A which requires every company registered in Kenya to keep a register of its beneficial owners and file a copy with the Registrar of Companies wi..

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OneLegal

Angola: Environmental Protected Areas Regulations, 6 February 2024

Law 8/20, of 16 April 2020, – the “Environmental Protected Areas Regulations” – created a National Network of Protected Areas (Rede de Áreas de Conservação Ambiental). The Regulations of Law 8/20 have now been enacted by way of Presidential Decree 50/24, of 2 February 202..

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MMAKS Advocates

New trademark regulations 2023

The Minister of Justice and Constitutional Affairs has issued new Trademark regulations “Trademark Regulations S.I No. 85 of 2023” which regulations are to take effect today the 2nd of February 2024. The new Regulations are primarily a consolidation of Trademarks Regulati..

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