South Africa’s greylisting by the Financial Action Task Force (FATF) has significant implications for its economic growth and global competitiveness but steps are already being taken to satisfy the FATF that South Africa is committed to combating money laundering and terrorist financing.
In this podcast,
Kent Davis, and
Rashaad Carrim unpack what greylisting means for South Africa and our clients. They also offer recommendations on what steps should be taken in response to recent legislative changes, and how the private and public sectors can work together to remove South Africa from the list of jurisdictions under increased monitoring as quickly as possible.
Lerato Lamola-Oguntoye - consultant Webber Wentzel Financial Regulatory,
Kent Davis - partner Webber Wentzel Financial Regulatory and
Rashaad Carrim - partner Webber Wentzel
Banking and Finance.
Gabi Richards-Smith – partner Webber Wentzel