03/14/2024
The governor said that work is underway to fix the numerous issues that were identified by the Financial Action Task Force (FATF) – which is expected to be completed by the watchdog’s next review.
03/13/2024
The IMF also sees the recent actions of the Monetary Policy Committee (MPC), which further tightened monetary policy
03/13/2024
Concerningly, debt levels are the highest for the middle class
03/13/2024
A trading participant shall not provide margin financing facility to an investor who has engaged in securities trading for less than half a year
03/11/2024
This proactive measure would streamline the review process and improve overall compliance within the sector.
03/11/2024
Brown’s comments come after the government pursues two new banks – one of which is a complete overhaul of Postbank.
03/11/2024
Part of the exposure is linked to the rapid adoption of technology by banks, which has opened supervisory and regulatory loopholes in the country’s financial sector.
03/08/2024
The licensing comes nearly a year after the last one
03/08/2024
However, Standard Bank said the website has nothing to do with the bank or its operations.
03/08/2024
The project’s core objectives remain unchanged: elevating food and nutritional security and improving the incomes of vulnerable households.
03/07/2024
In 2020, new financial regulations were introduced by FINMA
03/07/2024
These actions aim to attract capital inflows and improve Foreign Exchange (FX) liquidity.
03/07/2024
Banks are realising that the more they invest in technology, the more they are able to up their game to ensure they are winning customers.
03/06/2024
The commission is still pursuing its case against 19 of the initial 28 banks identified in the investigations.
03/05/2024
Godongwana has previously said that for the fiscal anchor to become binding, it will need political buy-in.
03/05/2024
This deficiency is one of the reasons the Financial Action Task Force (FATF), the global anti-money laundering watchdog, put Kenya under high surveillance in what is known as the grey list with 21 other countries.
03/04/2024
SARS warned taxpayers against opening any links in these emails and said they should be deleted immediately.
03/04/2024
As a result, the sector regulatory NPL ratio increased by 170 basis points in the first nine months of 2023 to reach 15 percent at the end third quarter of 2023,” said Fitch in its analysis.
03/04/2024
The Expatriate Employment Levy is a financial contribution imposed on employers who hire foreign workers.
03/04/2024
Artificial intelligence, a fast-evolving technology that taps the intelligence of machines or software is transforming all social spheres globally.