South Africa has passed the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill.
South African investors ‘impatient’ with slow reform, 20-20 Investment Association is told
South African investors are frustrated by the slow rate of reform within the country, according to the BLSA.
Greylisting is a serious concern for South Africa as the Financial Action Task Force takes a close look at the country.
In an effort to avoid greylisting, South Africa seeks to fight money laundering, corruption and terror finance.