HSBC and Bidvest Bank fined millions for non-compliance

October 7, 2024 By: 0 comments

<p><img src=”https://biz-file.com/c/2410/753250-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source: Reuters.” align=”left”><br><span >Source: Reuters.&lt;/span><p>The South African Reserve Bank (Sarb) announced on Friday, 4 October 2024, that it has imposed administrative sanctions on Bidvest Bank and HSBC in South Africa for regulatory non-compliance, as part of its ongoing efforts to uphold the country’s financial system’s integrity.</p><br> <a href=”https://www.bizcommunity.com/article/hsbc-and-bidvest-bank-fined-millions-for-non-compliance-252967a”>Read more…</a> | <a href=”https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=513&ct=1&ci=252300″>Send to a friend</a></p><div style=”clear:left”></div>