Opposition Leader Blasts BSP over Charges
2 Articles
2 Articles
After 5 p.m. on Wednesday, the Committee on Citizen Security of the Chamber of Deputies initiated the revision of the bill creating the Economic Intelligence Subsystem, an instance in which the article that allows the Financial Analysis Unit (UAF) to lift bank secrecy without going through courts was replaced and that had been rejected in the Senate.The Undersecretary of Finance, Heidi Berner, emphasized in her presentation to the parliamentary …
Opposition Leader blasts BSP over charges
Central Bank of Solomon Islands (CBSI) has been urged to defend ordinary Solomon Islanders from unjustifiable and excessive bank fee increases. The Leader of Opposition Hon. Matthew Wale issued the call in a statement on Thursday 3rd July. His call came in light of BSP’s recent decision, effective 28th June 2025, to impose a 1% fee on all cash deposits and withdrawals of SBD 20,000 or more per day, per account. Hon. Wale described the increase a…
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