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Publication Details

Title :
Prudential Authority imposes administrative sanctions on Bank of Taiwan, South Africa Branch
Published Date:
2025-06-20
Last Modified Date:
2025-06-20, 02:43 PM
Category:
Publications > Prudential Authority | Media > Media Releases | What's New

The PA has imposed administrative sanctions on the Bank of Taiwan, South Africa Branch (BOTSA) as a result of its non-compliance with certain provisions of the FIC Act, following an inspection conducted on BOTSA in 2022 in terms of section 45B of the FIC Act.

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Prudential Authority imposes administrative sanctions on Bank of Taiwan, South Africa Branch