Some of Wall Street’s biggest names are exposed to the Adani Enterprises plunge
Shares of India’s Adani Enterprises have plummeted over the past week, after the publication of an extensive critical report from U.S. short-seller Hindenburg Research. Some big international players have exposure. Companies across the Adani Group of companies have seen a huge sell-off that took the total group’s losses past $110 billion by Friday close, after the Hindenburg report accused […]
These businesses in South Africa need to fall in line with regulation changes – or face massive fines and jail time
New accountable institutions were added to the Financial Intelligence Centre Act (FICA), and those who fail to abide by the legislation face imprisonment or heavy fines. According to Angela Itzikowitz and Era Gunning at ENSafrica, the November 2022 amendments to the FICA came into effect ahead of the Financial Action Task Force (FATF) potentially greylisting South […]
