11/17/2013

Executive summary from the Global Regulatory Outlook report

The last 12 months has been another year of change for the financial services industry. We have begun the move from inter- and intranational debate about the shape and purpose of regulation, to a period of understanding the implications for business follo

10/09/2013

Bank of Ghana Commends UBA on Risk Management

The Bank of Ghana has commended UBA Ghana, a subsidiary of Nigeria’s based UBA Plc, for instituting a robust risk management system which led to zero infractions on regulatory provisions on the part of the bank in Ghana.

10/02/2013

Abil to pay R20m Fine for Reckless Loans

South Africa's African Bank Investments said on Thursday it had agreed to a fine of 20 million rand to settle an investigation into reckless lending by the credit regulator.

08/24/2013

Money laundering posing challenge to banking

The Bank of Ghana has stated that money laundering and terrorist financing have become a herculean challenge in the country’s economy, particularly in the banking sector.

08/08/2013

FCA fines bank for anti-money laundering failures

The Financial Conduct Authority has fined Guaranty Trust Bank (UK) Ltd (GT Bank) £525,000 for failings in its anti-money laundering (AML) controls for high risk customers between May 2008 and June 2010.