The Bank Secrecy Act is a United States federal statute enacted in 1970 to detect and prevent money laundering within financial institutions. The BSA requires financial institutions to keep ...

Debanking, unauthorized, unaccountable abuse of power, is almost entirely driven by vague and excessively broad regulation, or downright regulatory malfeasance.

South African taxpayers have been warned that the South African Revenue Service (SARS) is fully entitled to come after your bank account if you owe it money—and 2025 is likely to be a ...

At the World Economic Forum last month, President Donald Trump was right to elevate the plight of businesses and consumers ...

The Sars Annual Report for 2023/24 ... with collections through employer TPAs rising to R2.6 billion and bank TPAs reaching R3.2 billion. 2. Debt Insourcing Project: To manage recent overdue ...

Additionally, Sars notes that taxpayers also filed returns that were outstanding from prior tax years. In total, 162 690 provisional taxpayers filed returns for the previous years. This is down ...

This comes after the central bank’s Monetary Policy Committee (MPC) voted for a 25BPS cut today, which translates to a 0. 25% cut in the repurchase rate (repo rate).

Riyadh: Bank Aljazira logged net profits standing at SAR 1.23 billion as of 31 December 2024, higher by 20.69% year-on-year (YoY) than SAR 1.02 billion. Earnings per share (EPS) hit SAR 1.01 in 2024, ...

This unauthorized, unaccountable abuse of power by financial regulators to force banks to debank whole industries is ...

The Bank Secrecy Act is a United States federal statute enacted in 1970 to detect and prevent money laundering within financial institutions. The BSA requires financial institutions to keep ...