10/06/2021
Following strict adherence to an action plan the FATF drew for the country, with timelines from 2019 to 2021 to address those deficiencies, the country was eventually taken off the list.
10/06/2021
Any trust or foundation may claim partial exemption on such categories of income specified in the ITA subject to satisfying the conditions prescribed relating to substance of their activities.
10/05/2021
Among the key speakers at the forum was Dr. Olufunso Somorin, the Principal Climate Change and Green Growth Officer at the African Development Bank, East Africa region.
10/04/2021
“This will also go a long way towards getting a number of international travel restrictions both from and into our country,”
10/01/2021
In this highlight, we provide a brief summary of the crowdfunding rules, emphasizing the key points set out therein.
09/29/2021
Some praise eNaira’s benefits for financial inclusion, while others are concerned it would give central banks more control over citizens’ financial rights through the removal of intermediaries.
09/29/2021
Governor John Mangudya published a list of names he said were using social media platforms and mobile telecoms services to facilitate illegal forex trade and money laundering.
09/28/2021
Finance Minister Enoch Godongwana has said he doesn’t favor the idea.
09/26/2021
The bank in a publication on its official website titled, ‘CBN FX defaulters’, noted that the customers had been contacted severally through emails, phone calls and messages but they still failed to return the funds.
09/24/2021
In effect, the Crowdfunding Rules legitimate the operation of a crowdfunding platform in Mauritius and provide for its modus operandi.
09/24/2021
This financing shows the confidence that financial institutions have in us and I would like to thank Proparco and DEG, who are long-standing partners.
09/24/2021
The insurance industry previously has requested confirmation of this point and the proposed clarification is welcome.
09/23/2021
‘There is a particularly vexed situation’ in the country
09/23/2021
The Shari’ah Personal Call Account is ideal for casual saving and cash flow management.
09/22/2021
Uganda inches closer to enforceable netting
The draft regulations were developed following a technical assistance memorandum of understanding signed between BOU and Frontclear.
09/22/2021
The regulation of open banking in South Africa
South Africa currently does not have an equivalent to PSD2.
09/21/2021
Keeping the recovery on track
The recovery remains uneven with countries emerging from the crisis facing different challenges.
09/20/2021
Fedgroup Life appealed the amount of the initial fine, which was R750 000, and it was subsequently reduced. It did not dispute its non-compliance.
09/20/2021
“Since January 3, the CAC has deployed an electronic register that covers all aspects of our registration services, and this includes the disclosure of beneficial owners.”
09/20/2021
This will bring foreign expertise to Mauritius to transfer knowledge to our youth, he added.