The Financial Action Task Force (FATF) has confirmed that South Africa has substantially completed all 22 recommended action items outlined in the Action Plan adopted when the country was placed on the organisation’s grey list in February 2023.
South Africa was placed on the FATF grey list due to deficiencies in its anti-money laundering and counter-terrorism financing (AML/CFT) regime.
During its plenary session held in Strasbourg, France, the FATF made the initial determination that South Africa has substantially completed its action plan and warrants an on-site assessment. The on-site assessment will be to verify that the implementation of AML/CFT reforms has begun and is being…
The Knysna Oyster Festival: This annual festival celebrates the local oyster harvest
and includes various activities and events centered around food and culture.
Doughboy
Fun South African Fact: The world’s largest visible crater is in South Africa.
Candy Butcher
I am intrigued by your article – thank you for your efforts.