The South African Reserve Bank’s Prudential Authority (PA) recently fined Standard Bank South Africa (SBSA) R13 million for failing to comply with certain legal requirements under the Financial ...
SARB said that the PA imposed a caution not to repeat the conduct which led to the non-compliance and a financial penalty of R1 million. “SBSA failed to comply with FIC Act Directive 5 of 2019 ...
At the 73rd Annual General Meeting, AVBOB CEO Carl van der Riet announced the declaration of a R13,1 billion cash benefit for qualifying members. This substantial cash benefit is issued at the ...