EXPLAINER | What does South Africa's greylisting mean? - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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EXPLAINER | What does South Africa’s greylisting mean?

In February, South Africa was added to the Financial Action Task Force’s “greylist,” meaning the country comes under greater monitoring for actions against money laundering, terrorist financing, and proliferation financing.

The FATF cited state capture, money laundering risks, law enforcement and judicial capacity as some of the key areas needing attention.

 

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It means we're pretty much f$&ed

That we are up shit creek with no paddle

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