BoB keeps hawk eye on cross-border banking
Tuesday, October 20, 2015
“The Bank of Botswana and the Reserve Bank of India have decided to enter into Memoranda of Understanding (MoUs) to facilitate supervisory collaboration and exchange of information between the two supervisory authorities on matters of mutual interest.
“This arrangement exists or it is in the process of being entered into with all other central banks and supervisory authorities whose banks and banking groups have operations in Botswana,” said Sesinyi.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...