In the heart of West Africa, Ghana’s banking sector stands at a pivotal crossroads where environmental challenges, social disparities, and governance demands are reshaping the very foundation of financial risk management. Environmental, Social, and Governance (ESG) principles, once considered
In a significant development for the financial sector, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) have unveiled two groundbreaking proposed rules aimed at reshaping bank supervision across the United States. Announced on October 7, these
In a landscape where small and medium-sized enterprises (SMEs) often grapple with limited access to capital, a recent move by Atom Bank to enhance its Growth Guarantee Scheme (GGS) offers a beacon of hope for UK businesses striving to scale. With many entrepreneurs, especially new entrants, facing
South Africa stands on the precipice of a defining moment as it seeks to break free from the Financial Action Task Force (FATF) grey list, a designation that marks countries with inadequate safeguards against money laundering and terrorism financing. Since being placed on this list in February
In a nation long plagued by political turmoil and economic instability, Libya stands at a critical juncture as it endeavors to rebuild and fortify its financial infrastructure, taking significant steps under the leadership of the Central Bank of Libya (CBL) and Governor Naji Issa to modernize the
In a striking development that has sent ripples through Nigeria’s financial sector, a prominent lawyer has called on the Central Bank of Nigeria (CBN) to impose sanctions on Polaris Bank due to the alleged wrongful withholding of a substantial N868 million loan, raising serious questions about
