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Capitec slapped with R28 million fine after compliance failures

Capitec has been ordered to pay an administrative penalty by the Prudential Authority for weaknesses in customer due diligence, employee training and controls linked to financial sanctions and terrorist-property reporting.

Capitec slapped with R28 million fine after compliance failures

We haven't written up this one. IOL has the full story — the link below goes straight to it.

Read the original at iol.co.za →

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