NEC Money penalized R75,000 for anti-money laundering failures
The South African Reserve Bank has imposed an administrative sanction of R75,000 on foreign exchange dealer NEC Money (Pty) Limited.
Euro area consumers trimmed their median 12-month inflation expectations to 2.9 percent in July from 3.0 percent in June.
A specialized financial knowledge test will grant Russian retail investors qualified status starting August 31, 2026.
Banco de México unanimously maintained its benchmark interbank interest rate at 6.50 percent at its August meeting.
Mutual banks in South Africa must deduct First-Loss Absorbing Capacity instruments from regulatory capital under a draft directive published by the Prudential Authority.
The South African Reserve Bank has imposed an administrative sanction of R75,000 on foreign exchange dealer NEC Money (Pty) Limited.
The Riksbank has held its policy rate unchanged at 1.75 percent, effective 26 August 2026.
A fraudulent investment scheme is using forged documents to impersonate the Hong Kong Monetary Authority.
Unregulated firms are bypassing retail marketing bans by using investor exemptions to promote high-risk loan notes and mini-bonds.
Rising investor losses in unregulated mini-bonds and loan notes have prompted more than 1,200 regulatory warnings this year.
Price growth decelerated across almost two-thirds of Russian regions in July, according to the Bank of Russia.
Four new Saint George the Victorious investment coins in silver and gold enter circulation on August 21, 2026.