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Investors threaten to divest over free trade zones reform Investors in the Nigeria free trade zones (FTZs) have threatened to divest from the zones over a proposed reform by the federal ministry of industry, trade and investment (FMITI). Advertisement.
COVID-19: No new death as Nigeria records 41 new infections Nigeria’s daily count of COVID-19 cases remained relatively low on Saturday, with 41 new infections recorded in six states and the federal capital territory (FCT).Advertisement The Nigeria Centre for Disease.
On the Asaba revolt by southern governors If you are a keen observer of Nigerian politics, or should I say politicking, you must have noticed many unusual things about the meeting of the 17 southern governors in.
Stablecoins present new dilemmas for regulators as mass adoption looms A close look at the policy issues relating to the potential impact of stablecoins on financial systems and economies around the world. 19354 Total views Expert Take
Stablecoins present peculiar challenges to regulators. Although there is no single, agreed-upon definition of a stablecoin, the common denominator of the commonly used definitions is that stablecoins are designed to maintain a stable value in relation to a specified currency, asset or pool of such currencies/assets. They are contrasted with regular cryptocurrencies, which have no such stability mechanism and whose values tend to fluctuate, sometimes even substantially.
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Canadian Securities Regulators Seek Comment On Proposed Framework For Commodity Benchmarks Date
29/04/2021
The securities regulatory authorities of British Columbia, Alberta, Saskatchewan, Ontario, Quebec, New Brunswick and Nova Scotia today published for comment a proposed framework for the designation and regulation of commodity benchmarks and the persons or companies that administer them.
“The Canadian Securities Administrators (CSA) recognizes that benchmarks are becoming increasingly important to our capital markets,” said Louis Morisset, CSA Chair and President and CEO of the Autorité des marchés financiers. “The proposed framework would codify international best practices with respect to designated commodity benchmarks.”
The proposed framework for commodity benchmarks is the second phase of a dual phase approach to develop a regulatory framework for benchmarks in general. Phase 1 focused on implementing a framework for the regulation of financial benchmarks