Sunday, July 7, 2024
Central Banks

South African Reserve Bank imposes sanctions on Safrican Insurance

The South African Reserve Bank (SARB) has imposed administrative sanctions on Safrican Insurance Company Limited (Safrican) due to its non-compliance with the provisions of the Financial Intelligence Centre Act 38 of 2001 (FIC Act). This decision follows a FIC Act inspection conducted in 2020.

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Binance survey finds crypto users prioritize earning extra income, achieving financial security
A survey carried out by Binance, the world's largest cryptocurrency exchange, revealed that 45% of participants primarily utilize cryptocurrency to generate additional income. The survey involved over 1,000 Binance users.
CFIUS: Unprecedented review numbers in 2022 with focus on non-notified transactions for enhanced national security
In its annual report to Congress, the Committee on Foreign Investment in the United States highlighted a remarkable year in 2022, with a historic number of reviews and increased focus on non-notified transactions to address national security risks effectively.
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Census Bureau's Santos: Participating in 'the census can make a difference in the federal funding your community receives'
A U.S. Census Bureau report highlighted the critical role of Census Bureau data in distributing federal funding, a recent press release from the bureau said.

Central Banks