S. Africa’s Prudential Authority Imposes Administrative Sanctions On Bank Of Baroda

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11:35am EDT 

Aug 6 (Reuters) – S. AFRICA’S PRUDENTIAL AUTHORITY::PRUDENTIAL AUTHORITY IMPOSES ADMINISTRATIVE SANCTIONS ON BANK OF BARODA, SOUTH AFRICA.S. AFRICA’S PRUDENTIAL AUTHORITY- SANCTION OF PENALTY R400,000 IMPOSED ON BANK OF BARODA FOR NOT COMPLYING WITH CASH THRESHOLD REPORTING REQUIREMENT.S. AFRICA’S PRUDENTIAL REGULATION AUTHORITY- BANK OF BARODA PAID IMPOSED FINANCIAL PENALTY INTO CRIMINAL ASSETS RECOVERY ACCOUNT.