{"id":46321,"date":"2024-03-25T16:41:37","date_gmt":"2024-03-25T16:41:37","guid":{"rendered":"https:\/\/www.africa-press.net\/eswatini\/all-news\/esccom-fsra-collaborate-to-protect-consumers"},"modified":"2024-03-25T17:28:39","modified_gmt":"2024-03-25T17:28:39","slug":"esccom-fsra-collaborate-to-protect-consumers","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eswatini\/all-news\/esccom-fsra-collaborate-to-protect-consumers","title":{"rendered":"ESCCOM, FSRA COLLABORATE TO PROTECT CONSUMERS"},"content":{"rendered":"

Africa-Press – Eswatini. <\/strong><\/span>In an effort to combat financial crimes happening through online platforms, Eswatini Communications Commission (ESCCOM) and the Financial Services Regulatory Authority (FSRA) have decided to join forces.<\/b><\/p>\n

The two organisations today signed a Memorandum of Understanding (MoU) at Hilton Garden Inn, Mbabane. ESCCOM Chief Executive Officer (CEO) Mvilawemphi Dlamini and FSRA CEO Ncamiso Ntshalintshali signed the MoU on behalf of their organisations.<\/p>\n

ESSCOM CEO Mvilawemphi Dlamini and FSRA CEO Ncamiso Ntshalintshali shaking hands after signing the MoU.<\/p>\n

Speaking during the event, Dlamini said the MoU placed an emphasis on the collaboration of both parties towards regulation pertinent to non-bank financial services delivered through electronic communications, regulation and oversight, to facilitate a more efficient and effective delivery of regulation.<\/p>\n

\u201cThe two authorities will foster open dialogue on operational and technology risk supervision, anti-money laundering, combating the financing of terrorism and proliferation, and cybersecurity,\u201d Dlamini said.<\/p>\n

Further, the agreement between the two authorities, according to Dlamini, established a framework for capacity building in areas of common interest. \u201cAs regulators, it is imperative that we are share our experiences and expertise to further advance the development of the economy and safeguard the health of non-bank financial systems,\u201d he said.<\/p>\n

Sharing Dlamini\u2019s sentiments, Ntshalintshali stated that the MoU was to facilitate mutual assistance, information sharing, and enhance cooperation in regulating and supervising financial services offered through electronic communication platforms.<\/p>\n

\u201cIn an increasingly digital world, where financial services are evolving at a rapid pace, it is imperative that regulatory bodies adapt and collaborate to ensure effective risk management, equitable affordable access to financial services, and the protection of the interests of our stakeholders,\u201d Ntshalintshali said.<\/p>\n

\u201cBy joining forces, we aim to uphold the integrity of our financial markets, safeguard the financial viability of efficient suppliers, and promote the availability of regulated services to all consumers, regardless of their background of circumstances.\u201d<\/p>\n

Furthermore, the FSRA CEO said this collaboration would play a crucial role in enhancing public knowledge, awareness, and understanding of regulated sectors, thereby empowering consumers to make informed decisions and contributing to the overall stability and resilience of the country\u2019s financial system.<\/p>\n

\u201cAs we embark on this journey together, let us reaffirm our commitment to compliance with legislative and regulatory requirements, uphold the highest standards of integrity and professionalism, and work hand-in-hand to build a financial ecosystem that is inclusive, transparent, and sustainable,\u201d Ntshalintshali said.<\/p>\n

In conclusion, the CEO expressed his gratitude to all those involved in making this partnership a reality. \u201cYour dedication, vision and collective efforts have laid the foundation for a brighter future for our financial services industry and the communities we serve,\u201d he concluded.<\/p>\n

For More News And Analysis About Eswatini<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eswatini. In an effort to combat financial crimes happening through online platforms, Eswatini Communications Commission (ESCCOM) and the Financial Services Regulatory Authority (FSRA) have decided to join forces. The two organisations today signed a Memorandum of Understanding (MoU) at Hilton Garden Inn, Mbabane. ESCCOM Chief Executive Officer (CEO) Mvilawemphi Dlamini and FSRA CEO […]<\/p>\n","protected":false},"author":84,"featured_media":46320,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[234,248,249],"class_list":["post-46321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-eswatini","tag-eswatini"],"yoast_head":"\nESCCOM, FSRA COLLABORATE TO PROTECT CONSUMERS - Eswatini<\/title>\n<meta name=\"description\" content=\"In an effort to combat financial crimes happening through online platforms, Eswatini Communications Commission (ESCCO ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/esccom-fsra-collaborate-to-protect-consumers\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ESCCOM, FSRA COLLABORATE TO PROTECT CONSUMERS\" \/>\n<meta property=\"og:description\" content=\"In an effort to combat financial crimes happening through online platforms, Eswatini Communications Commission (ESCCO ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/esccom-fsra-collaborate-to-protect-consumers\" \/>\n<meta property=\"og:site_name\" content=\"Eswatini\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-25T16:41:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-25T17:28:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2024\/03\/sm_1711374772.118916.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"680\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/esccom-fsra-collaborate-to-protect-consumers#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/esccom-fsra-collaborate-to-protect-consumers\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"ESCCOM, FSRA COLLABORATE TO PROTECT CONSUMERS\",\"datePublished\":\"2024-03-25T16:41:37+00:00\",\"dateModified\":\"2024-03-25T17:28:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/esccom-fsra-collaborate-to-protect-consumers\"},\"wordCount\":454,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/esccom-fsra-collaborate-to-protect-consumers#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2024\/03\/sm_1711374772.118916.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eswatini\",\"Eswatini\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eswatini\/all-news\/esccom-fsra-collaborate-to-protect-consumers#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/esccom-fsra-collaborate-to-protect-consumers\",\"url\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/esccom-fsra-collaborate-to-protect-consumers\",\"name\":\"ESCCOM, FSRA COLLABORATE TO PROTECT CONSUMERS - 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