The consequences of FATF grey listing for SA: A call to action

By Sizwe Dlamini | Published Dec 8, 2024

South Africa’s vulnerable status on the FATF greylist reveals substantial AML and CFT inadequacies … to prevent international scrutiny, restricted access to global financial markets, and greater bank operating costs, considerable adjustments are needed before January 2025, while only 16 of 22 action items have been completed.