ACM Risk Consultants (Pty) Ltd’s Post

This article is your guide to banking regulations in the Philippines. It breaks down these regulations into simple terms—revealing their vital role in maintaining trust, enhancing financial security, and fostering a thriving environment for you to conduct your financial affairs. Read here: https://hubs.ly/Q02k-xX20

BRISCH: We like to keep you informed! The financial services industry is one of the most tightly regulated industries in South Africa, and with good reason: your money is at stake. Regulations evolve as the industry evolves, and consumers of financial products and services need to keep up-to-date with the changes. Recently, the Financial Sector Conduct Authority (FSCA) outlined where it would focus its enforcement actions in the year ahead and its regulatory plans for the next three years, while the Ombud Council published new rules on complaints to the Ombud for Financial Services Providers, widely known as the Fais Ombud. https://lnkd.in/dCHGMUpZ

FINANCE FOR SA UPDATE: In this brief update we take a look at the data that the Reserve Bank released, on the financial positions of households in South Africa for the first quarter of 2024. https://lnkd.in/dfFnwuaq

Kenya's commercial banks are revolutionizing tax compliance with the implementation of the Common Reporting Standards (CRS) in 2023. This regulation mandates banks and financial institutions to share information about foreign account holders with the Kenya Revenue Authority (KRA), aiming to crack down on tax evasion and illicit wealth. Dive into this article to explore this landmark change in an era characterised by privacy concerns and data protection efforts 💰 💻 https://lnkd.in/dx6uFuh5 #dataprotection #taxcompliance #taxevasion #dataprivacy

The 7th Annual Appreciation Bank Conference is scheduled for this Thursday under the theme "Financial Technology Trends and Financial Inclusion for Enhanced Tax Compliance and Transformation of Uganda's Economy" #BankersConference2024 #DevelopingUgandaTogether

Over the summer, the Philippines passed the Anti-Financial Account Scamming Act (AFASA). In his latest blog post, our Edgar Zayas unpacks what this might mean for financial institutions in the country and their customers, both now and in the future. Read now: https://okt.to/burTjL #FinancialCrime #FraudPrevention #BankingIndustry

Our latest blog article is up. 🤩 In South Africa, individuals and businesses have several bankruptcy options to address their financial difficulties. To learn more, visit https://lnkd.in/d-YDJWqh. #bankruptcylaw #southafricanlaw #blogpost #financialdifficulties #legalexpertise

📢New EMIR rules on clearing agreed: The Council and the Parliament have reached a provisional political agreement on a review of the European market infrastructure regulation and directive. The review aims to make the EU clearing landscape more attractive and resilient, to support the EU’s open strategic autonomy and to preserve the EU’s financial stability.   👉Read full details here: https://lnkd.in/eqBaV7Vg #EMIR #CapitalMarkets #Compliance 

🌍 Financial crimes like embezzlement and money-laundering challenge economies worldwide, driving strict legal measures. 🇱🇧 In Lebanon, these issues are especially critical, affecting both banks and individuals.  📉Stay informed and protect your assets by understanding global and local financial laws. 🔒 #Houseoflaw #FinancialCrimes #Lebanon #LegalAwareness

The South African national government spent R2,04 trillion in the 2022/23 financial year, representing a rise of 6,1% from R1,92 trillion in 2021/22. #StatsSA’s latest set of national government financial data shows how these funds were distributed. More here: https://lnkd.in/d9mQez_c #finance #publicfinance #financialstatistics