South Africa: South Africa Has Been Grey Listed for Not Stopping Money Laundering and Terrorism Funding. What It means

Byline: Philippe Burger The Financial Action Task Force (https://www.treasury.gov.za/comm_media/press/2023/2023022401%20Media%20statement%20-%20Response%20to%20FATF.pdf) has placed South Africa on a list of countries under increased monitoring, commonly known as the (https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/Increased-monitoring-february-2023.html#:%7E:text=When%20the%20FATF%20places%20a,as%20the%20%E2%80%9Cgrey%20list%E2%80%9D.) grey list, after it [...]