Financial crime governance should be happening in the boardroom and the legal and financial fallout from the lack of enforcement is becoming increasingly serious
In his weekly newsletter, the president argues that he welcomes the intensified monitoring by FATF
The top priority must be to take swift action to get off the greylist, restore SA’s reputation and regain the global community’s trust, party says
Financial Action Task Force noted the country made ‘a high-level political commitment’ to work with the watchdog to tackle money laundering
The country shouldn’t be facing this threat but it could bring urgency to bringing in reforms to stop corruption
Ismail Momoniat is hoping to take ‘a massive step forward’ in fortifying the country’s money laundering controls by passing two bills before next February
South Africa’s banks and the treasury must address legal loopholes and weaknesses by October or face greylisting by global money laundering watchdog