financial - eriinfo

Rampant financial crime, greylisting expose SA’s vulnerable defence

eriinfo.com1 year ago05 mins

Hawken McEwan, director of risk and compliance at nCino KYC Africa. South African businesses are under growing pressure to improve financial crime detection as regulators tighten enforcement ahead of the country’s October 2025 deadline to exit the Financial Action Task Force (FATF) greylist. “Red flags are almost always there – but too often missed,” says…

In China, fears grow of an EV financial crisis amid pricing war

eriinfo.com1 year ago05 mins

At a used car market in Beijing, salesman Ma Hui said he fears China’s electric vehicle industry is in a race to the bottom. EV makers, led by the country’s market leader BYD, have been engaged in a bruising price war, depressing profits for the brands, as well as sellers such as Ma. “All of…