Tag: banking regulation
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FIC Clears Richard Nii Armah Quaye, Unfreezes His Accounts After Probe
FIC clears Richard Nii Armah Quaye following probe The Financial Intelligence Centre (FIC) has announced that Ghanaian businessman Richard Nii Armah-Quaye has been cleared of any wrongdoing after a comprehensive investigation into his financial transactions. The decision comes after weeks of scrutiny and the temporary freezing of accounts linked to the case. What led to…
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FIC Clears Richard Nii Armah Quaye: Ghanaian Businessman’s Accounts Unfrozen After Probe
Summary: FIC Drops Probe After Clearing Quaye The Financial Intelligence Centre (FIC) has concluded its investigation into the financial activities of Ghanaian businessman Richard Nii Armah Quaye and has cleared him of any misconduct. Following an earlier decision to freeze his accounts during the probe, authorities have now unfrozen the assets as part of closing…
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How the Philippines’ Central Bank Is Building Climate-Resilient Finance
Introduction: A Climate-Resilient Financial System in a Vexed Era The Philippines faces increasing climate risks, from riverine floods to coastal storms. In this context, the Bangko Sentral ng Pilipinas (BSP) is taking proactive steps to ensure the country’s financial system can weather climate shocks while steering capital toward green, adaptive projects. Recognizing climate risk as…