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Bookmarking Crypto InsightsFri, 19 Aug 2022 06:30:41 +0000en-US
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3232South African Banking Regulator: ‘De-risking’ Crypto Firms Potentially Creates ‘Opacity in Financial Conduct’
https://www.digit.info/south-african-banking-regulator-de-risking-crypto-firms-potentially-creates-opacity-in-financial-conduct/
Fri, 19 Aug 2022 06:30:41 +0000https://www.digit.info/2022/08/19/south-african-banking-regulator-de-risking-crypto-firms-potentially-creates-opacity-in-financial-conduct/Read more]]>According to the latest guidance note issued by the South African banking sector regulator, Prudential Authority, risk assessment does not mean financial institutions should avoid or eliminate risks via the wholesale termination of client relationships with entities such as crypto asset service providers. Instead, the regulator wants financial institutions to only consider “de-risking” when the […]
According to the latest guidance note issued by the South African banking sector regulator, Prudential Authority, risk assessment does not mean financial institutions should avoid or eliminate risks via the wholesale termination of client relationships with entities such as crypto asset service providers. Instead, the regulator wants financial institutions to only consider “de-risking” when the […]