greylisting

A report by the international watchdog, the Financial Action Task Force (FATF), in October 2021 identified significant weaknesses in parts of South Africa’s financial regulations. The findings from the report have placed the country at…

Lawmakers are rushing to push through changes to the law to avoid SA being greylisted by the Financial Action Task Force (FATF) – but they’re facing some stiff pushback. One of the laws being polished before being presented to parliament…

It’s been almost a year since Mauritius was removed from the Financial Action Task Force (FATF) grey list – having only been on it for less than two years (February 2020 to October 2021). As neighbouring South Africa seems to be heading in…

South African banks already comply with domestic and international anti-financial crime and terrorism funding regulation and best practice, as this is required for them to be part of the global financial system. If they do not comply, they…

SIMON BROWN: I’m chatting now with Jeanine de Swardt-Breeds from Masthead. Jeanine, I appreciate the early morning time. At an event we were at last week you were doing a keynote presentation around grey-listing of South Africa. And I…