Week of
Iraq, Panama and Ghana account for this week's regulatory output, covering a money-exchange licence, an insurance reporting change and pension fund manager cancellations. The Central Bank of Iraq granted Al-Mataa Exchange Company a money-exchange licence and approved its authorised manager, deputy, compliance officer, internal audit head and AML/CFT head, tying the grant to the central bank law and the anti-money laundering and counter-terrorism financing law. Panama's insurance regulator issued a circular allowing the Single Insurance Report for the close of the 2025 period, due April 30, 2026, to be submitted with internal review only, without external auditor sign-off, modifying an earlier circular and requiring submission through the Supervision Directorate's web portal. Ghana's National Pensions Regulatory Authority announced the cancellation of the registrations of New Generation Investment Services Limited and Phoenix Africa Securities Limited as Pension Fund Managers, barring them from advising pension fund trustees or taking part in scheme administration. The three records differ in form: a licensing letter, a supervisory circular and a public notice. Two are translations from Arabic and Spanish, while the Ghana notice was published in English.
Ghana
Cancellation of Registration as Pension Fund Manager
The National Pensions Regulatory Authority (NPRA) announces the cancellation of the registrations of New Generation Investment Services Limited and Phoenix Africa Securities Limited as Pension Fund Managers under Section 164 of the National Pensions Act, 2008 (Act 766). The notice informs trustees of registered pension schemes, custodians, and the public that these entities may no longer provide advisory services to pension fund trustees or participate in the administration of pension schemes.
NoticePublished in EnglishEnglishLicensing
Iraq
M/ Granting of Leave
The Central Bank of Iraq grants Al-Mataa Exchange Company (limited, Category B) a money-exchange licence numbered 73 of 2026 under Article 4(2) of the Central Bank of Iraq Law No. 56 of 2004 and the Anti-Money Laundering and Counter-Terrorism Financing Law No. 39 of 2015, subjecting the company to the Bank's supervision. The letter also approves the appointment of the company's authorised manager, deputy, compliance officer, internal audit unit head and AML/CFT unit head, and requires adherence to the applicable exchange company instructions.
OtherTranslated to EnglishArabicLicensingAnti-money laundering
Panama
Circular No. SSRP-DSES-008-2026
The Panamanian insurance regulator informs insurance companies that the Single Insurance Report (INUSE) for the close of the 2025 period, due on April 30, 2026, may be submitted with internal review only, without requiring the signature of external auditors, in accordance with Article 222 of Law 12 on Insurance. It modifies the earlier instruction contained in Circular No. SSRP-DSES-056-2025 and requires submission through the web portal of the Supervision Directorate.
CircularTranslated to EnglishSpanishReporting requirementsCorporate governance
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