Fines

The Capital Markets Authority has fined several directors of listed companies including the auditor over Sh8 million for breaching trading rules in the financial year ending June 30, 2023, new disclosures have revealed. While the…

Kenya's central bank fined 12 commercial banks last year for breaching rules on lending, capital adequacy and investment, new disclosures show. While the Central Bank did not disclose the affected institutions and the size of the fines,…

About 953,971 taxpayers failed to file their tax returns with the Kenya Revenue Authority by the June 30 deadline, exposing them to penalties from the tax authority. Official data from South Korea's tax service shows that 8,046,029…

SYDNEY (Reuters) - Australia's major supermarkets could face fines of up to A$10 million ($6.6 million) if suppliers and growers are not treated fairly, an independent government review said on Monday, as it proposed to make a voluntary…

The Ministry of Communications, under Shlomo Karhi, seeks to fine the Israel Postal Company NIS 1,175,013 for "the closure of three postal units and violation of a direct instruction from Minister of Communications De.…

The Cyprus Securities and Exchange Commission (CySEC) carried out over 700 on-site and remote inspections of supervised entities in 2023 and issued over $2.2 million in fines. These thematic audits aimed to ensure compliance with…

The Securities and Exchange Commission (SEC) has taken decisive action against 16 broker-dealers and financial advisers, including major players like Guggenheim and Oppenheimer. These firms face the consequences of failures in maintaining…

Economy Regulator shocks 20 Kenyan insurers with record fines over breaches Tuesday January 02 2024 Consumers Federation of Kenya (COFEK) Secretary General Stephen Mutoro. FILE PHOTO | LUCY WANJIRU | NMG The insurance regulator…

The Financial Conduct Authority (FCA Financial Conduct Authority (FCA) The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK…

Kraken co-founder Jesse Powell has welcomed the result of the Binance investigation in an X (formerly Twitter) post and has highlighted the need for long-term-oriented visionaries and shareholders.Over the last 12 months, leaders of major…