Directors and shareholders of dormant companies without reasonable future business prospects wishing to reduce regulatory compliance costs and administrative burdens, as well as the ability to avoid ongoing reporting and disclosure requirements will likely seek to...
In an ever-evolving financial landscape, regulations play a pivotal role in ensuring transparency and efficiency. One such directive issued by the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) to the Central Securities Depository Botswana (CSDB) has...
Customer Due Diligence (CDD), also known as the “Know-Your-Client” (KYC) process, is a cornerstone of an effective Anti-Money Laundering (AML) strategy. CDD involves verifying customer identities, assessing risk profiles, and continuously monitoring transactions to...
