The South African on MSN22d
Standard Bank fined R13 million for several ‘financial offences’
The bank was accused of not reporting over 17 000 suspicious transactions to the revelant authorities, amongst other things.
Hosted on MSN19d
Standard Bank: Sanctions not proof of money laundering or terrorist financing
The Standard Bank of South Africa (SBSA) has hit back against reports on the Prudential Authority (PA) fining them R13 million, saying that these sanctions “in no way imply that [it] has been found ...