National Treasury snubs parliament, slowing pace on Ithala Bank recovery
Ithala Bank's licence was suspended last week by the FSCA for failing to meet the financial soundness requirements specified for financial services providers
04 September 2024 - 12:55
Parliament's standing committee on finance meeting with Ithala Bank over the suspension of its financial services provider licence got off to a slow, rocky start thanks to the absence of the National Treasury’s Prudential Authority (PA) and the Financial Sector Conduct Authority (FSCA)...
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