Sanlam Life and Fedgroup Life fined for weaknesses in money laundering prevention measures | Fin24 - Find all the latest news, Breaking News, Top Headlines about Africa | Africantimes

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Saturday, 18 September 2021

Home Business Sanlam Life and Fedgroup Life fined for weaknesses in money laundering prevention measures | Fin24

Sanlam Life and Fedgroup Life fined for weaknesses in money laundering prevention measures | Fin24

The South African Reserve Bank’s Prudential Authority (PA) has fined Sanlam Life and Fedgroup Life after it found weaknesses in the life insurers’ money laundering control measures.


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