Ramaphosa says “grey listing is an opportunity for us to tighten our controls”
By Zuko Komisa President Cyril Ramaphosa has stated that the government has undergone a rigorous process to address the issues that the Financial Action Task Force (FATF) has highlighted in his weekly newsletter to the country. This comes after the FATF last week placed South Africa on a "grey list" for not meeting specific global standards for combating money laundering and other severe financial crimes. FATF was created to combat […]