South Africa’s grey-listing, resulting from concerns around a lack of money laundering controls, has had big repercussions.
Browsing: FATF
The Financial Action Task Force is adding South Africa and Nigeria to its “grey list” of countries under special scrutiny to implement standards to prevent money laundering and terrorism financing.
Promoted | South African financial institutions are ineffective at preventing the financing of terrorism and the financing of the proliferation of terrorism, a report has found.