Actuaries urged to set new standards for risk management

GIS (Government Information Service) – 24 April, 2018: The Institute and Faculty of Actuaries'(IFOA) African Conference aiming to provide networking opportunities with peers, global employers and representatives from regulatory bodies in line to promoting exchanges and knowledge-sharing, opened yesterday at Flic-en-Flac. The Minister of Financial Services and Good Governance, Mr D Sesungkur and other eminent […]

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Mauritius included on EU ‘Grey List’ on taxation

Today Mauritius has been included on a new EU ‘grey list’ of jurisdictions which are committed to meeting EU recommendations and criteria on taxation policy. Mauritius was not included on the new blacklist which was also announced. EU Blacklist The new ‘blacklist’ of non-cooperative tax jurisdictions was adopted by EU Economic and Finance Ministers at […]

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Barclays staff to get shares in parent firm

Staff of Barclays Bank of Kenya BBK 11.50 will soon be given an opportunity to acquire shares in their parent company Barclays Africa Group as part of the Johannesburg-based firm’s employee share ownership plan (Esop). The announcement was made last Friday in Johannesburg by the multinational’s executives including deputy CEO Peter Matlare. We want employees […]

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Financial Services Cybersecurity: Addressing the Horizontal Attack Surface

The financial services industry is a prime target for cybercriminals, yet significant security gaps persist. PwC’s Global State of Information Security Survey 2017 notes that 41 percent of financial services respondents ranked assessment of security protocols and standards of third-party vendors as the top challenge to information security efforts This is despite the fact that […]

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