Regulation
Friderica Widyasari selected as new OJK commissioner board chair
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Indonesia's House Commission XI announced five candidates for OJK commissioner board positions for 2026-2031 who passed the fit and proper test, including Friderica Widyasari as chair. The announcement followed the examination of 10 candidates on March 11, 2026, in Jakarta. The names will be discussed in a DPR plenary session on March 12.
Egypt's Ministry of Local Development and Environment announced on Saturday that the board of the Waste Management Regulatory Authority approved its draft budget for the 2026/2027 fiscal year and reviewed proposals to strengthen oversight of waste management activities. The meeting was chaired by Minister of Local Development and Environment Manal Awad.
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The Communications Authority of Kenya (CA) has clarified that traders with stocks of low-cost phones and other charging devices can sell them, but new imports must use USB Type-C. The statement follows public uproar this week. CA denied claims that the rules target low-end phones.
The National Treasury has published the draft Virtual Asset Service Providers (VASP) Regulations 2026 to oversee Kenya's crypto businesses. The measures seek to protect consumers and combat financial crimes such as money laundering. Public consultations are underway through April.
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A study reveals that teenagers on TikTok are exposed to highly targeted undisclosed advertisements, bypassing the European Union's prohibition on profiling minors for ads. Researchers found that while formal ads comply with the law, hidden promotional content dominates and is aggressively personalized. This loophole in the Digital Services Act allows platforms to deliver commercial material disguised as regular posts.
Industry Minister Khaled Hashem has issued Decision No. 73 of 2026, amending a previous decree to simplify factory leasing procedures in industrial zones. The change reduces the required operational period before leasing from three years to one year, while maintaining key conditions. This move aims to boost productivity and support investors.
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A recent Government Accountability Office report has exposed significant shortcomings in federal oversight of geoengineering and weather modification activities in the United States. The findings highlight inadequate monitoring and reporting mechanisms that could allow untracked operations and fuel public misinformation. Experts call for improved transparency to address these issues amid growing interest in climate interventions.
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