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
03 October 2024 – 05:00
by Hilary Joffe
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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