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South African Reserve Bank imposes administrative sanctions on Bidvest Bank Limited
Published Date:
2024-10-04
Last Modified Date:
2024-10-04, 03:23 PM
Category:
Publications > Prudential Authority | Media > Media Releases | What's New
The South African Reserve Bank (SARB) has imposed administrative sanctions on Bidvest Bank Limited (Bidvest Bank) as a result of its non-compliance with the provisions of the Financial Intelligence Centre Act 38 of 2001 (FIC Act), following a FIC Act inspection conducted in 2022.