South Africa aims to exit the FATF greylist in October this year, with only two issues remaining to be resolved, as stated by a National Treasury Official.
South Africa is optimistic about its potential removal from the Financial Action Task Force (FATF) greylist by October. A National Treasury Official has stated that significant efforts are currently being made to address identified issues, with only two outstanding items left to resolve. This move is crucial for enhancing the country’s financial integrity on a global scale.
In summary, South Africa is actively working to exit the FATF greylist by October, having already addressed numerous concerns with just two issues remaining. This development is essential for strengthening the nation’s international financial standing and reputation.
Original Source: www.amlintelligence.com
