OFSI imposes Monetary Penalty on Clear Junction

According to OFSI penalty report, Clear Junction, a fintech company, transferred funds to accounts held by non-designated persons with the Russian National Commercial Bank (RNCB), an entity subject to an asset freeze…

HMT Financial Inclusion Report 2020-2021 

The Financial Inclusion report outlines the government’s progress to tackle financial exclusion over the last year and to ensure that all individuals, regardless of their background or income, have access to useful and affordable financial products and...