Greylist
latest news & developments
Greylisting isn’t the only test of South Africa’s financial system
With a review imminent, the country faces more than the risk of remaining greylisted. Outdated, costly global money transfers are undermining competitiveness, increasing trade…
Greylisting is a symptom. South Africa’s real crisis is dysfunction without consequence
Financial crime governance should be happening in the boardroom and the legal and financial fallout from the lack of enforcement is becoming increasingly serious
Staff at Standard Bank, Absa and Sasfin implicated in money laundering
Al Jazeera reported that employees at the top South African banks were paid bribes to launder money for gold smugglers