‘SA's removal from greylist will avoid negative effects on economy’ - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Reserve Bank Governor Lesetja Kganyago has reiterated the importance of removing the country from the greylist, in order to avoid long-term negative effects on the economy.Kganyago says the bank’s Prudential Authority and the Financial Surveillance department are leading efforts to achieve this goal.

He says of the 22 action items South Africa must address to improve its anti-money laundering and counter-terrorism financing, only 8 items have been addressed.Kganyago explains, “Although foreign counterparties have been applying greater scrutiny for our domestic institutions as a result of the fatal greylisting. The PA has found no immediate negative impact on correspondent banking relationships.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

SA elects several new members to PAP - SABC News - Breaking news, special reports, world, business, sportSouth Africa has elected several new members to the continental parliament.
La source: SABC News Online - 🏆 32. / 51 Lire la suite »

Widespread cold front to hit SA on Sunday - SABC News - Breaking news, special reports, world, business,SAWS has issued a warning for a cold front expected to hit parts of the country on Sunday.
La source: SABC News Online - 🏆 32. / 51 Lire la suite »