Sa’s Progress Towards Exiting Greylisting
- In February 2023, South Africa was placed on the Financial Action Task Force (FATF) Greylist due to shortcomings in its Anti-Money Laundering and Counter-Terrorism Financing.
- As of mid-2024 authorities are working to address the 14 outstanding action items in a plan that extends through early 2025.
- National Treasury have reported some progress and the aim is to resolve these deficiencies by June 2025.
Source: National Treasury Department