SA still needs a year to exit greylist, says David Masondo

Oct 3, 2024

Deputy finance minister tells investors in London SA may not be able to satisfy FATF by February

​Deputy finance minister tells investors in London SA may not be able to satisfy FATF by February   

Deputy finance minister David Masondo has toned down expectations of how soon SA will get off the Financial Action Task Force (FATF) greylist, saying October 2025 is the most realistic timeline to achieve this.

This may dash hopes that SA could exit the greylist as early as February next year. But Masondo told investors in London this week that SA might not have addressed all of the remaining 14 deficiencies identified by FATF by then…

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