Question

in your groups, briefly discuss how the following acts regulate and potentially has an impact on the bank's business and its clients and what they aim to achieve:

The Banks Act 94 of 1990
The FICA Act 38 of 2001
The FAIS Act 37 of 2002
The BBBEE Act 53 of 2003
The Financial Services Ombud Schemes Act 37 of 2004
The NCA 34 of 2005

Answer 1

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