Record R2 billion penalty against Banxso and its key persons
The Financial Sector Conduct Authority (FSCA) has handed down its most severe enforcement action to date, imposing a record R2 billion administrative penalty on Banxso (Pty) Ltd (Banxso), and on two of its directors, Harel Adam Sekler and Warwick David Sneider, jointly and severally. Banxso has been fined a further ...
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