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Capitec fined R28m after regulator flags failures in anti-money laundering controls

Capitec has been fined R28m by the Prudential Authority over weaknesses in customer checks, employee training and controls for financial sanctions and terrorist-property reporting.

Capitec fined R28m after regulator flags failures in anti-money laundering controls

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

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