Dirty money rating risks boosting costs for South African banks, state companies

Sverige Nyheter Nyheter

Dirty money rating risks boosting costs for South African banks, state companies
Sverige Senaste nytt,Sverige Rubriker

Global watchdog Financial Action Task Force may opt to ‘greylist’ South Africa after February meetings.

South Africa’s government and state-owned companies will find it harder to borrow money, while banking and asset-management fees may increase if the country is added to a global watchdog’s list of nations with

shortcomings in tackling illicit financial flows. ..You’ve always trusted us to help you navigate the world. Support the Sunday Times by becoming a premium member for only R80 and keep the conversation going. You can cancel anytime.

 

Sverige Senaste nytt, Sverige Rubriker



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