Inches

South Africa is poised for a promising turn of events, with hopes of exiting the Financial Action Task Force’s (FATF) grey list as early as October. This significant step is within reach, as a team of assessors is scheduled to visit the country this month to evaluate its progress. The FATF, an intergovernmental organization acting to combat money laundering and terrorist financing, has noted that South African authorities have met “all or almost all” of the necessary conditions for improved oversight. This…