Read this carefully Brothers,
Stay Relaxed, Some people are receiving withdrawals on while others are not because the withdrawal time has been set to 168 hours. Relax, everyone knew it was a risky platform when investing (It was a do or die while regretting). Now, when a little something is happening, people are getting anxious! (You all were well aware of the risks and benefits)
Financial Regulatory Authorities are official or semi-official institutions that control, monitor, and regulate a country's financial system. Their primary objective is to ensure the protection of consumer funds, transparency, and legal compliance.
For example, in Pakistan, these institutions include:
1. State Bank of Pakistan (SBP):
- Monitoring the banking system, currency, and financial policies.
2. Securities and Exchange Commission of Pakistan (SECP):
- Regulating companies, insurance, and capital markets.
3. Financial Monitoring Unit (FMU):
- Measures against money laundering and terrorist financing.
PS: (For your basic knowledge if someone don't know)
What are Audit and Review?
Audit: A detailed examination of financial records, transactions, and processes to ensure everything complies with laws and standards.
-Review: A regular assessment of a company or institution's operations by authorities, especially to check for financial security and regulatory compliance.